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JEDDAH: Neo Space Group, a space and satellite communications company under the Public Investment Fund, has launched ��������’s first dedicated Earth observation marketplace, advancing the Kingdom’s space economy.

Operated by UP42, a subsidiary of Neo Space Group, the Earth Observation platform was launched to meet the growing demand for high-resolution satellite imagery and space analytics across key sectors.

It supports the Kingdom’s economic transformation under Vision 2030 by integrating Earth Observation data into sectors such as environment, infrastructure, energy, real estate, mining, logistics, agriculture, and urban planning.

Martijn Blanken, CEO of the Neo Space Group, said that the platform reflects increasing demand for space-based intelligence in the Kingdom, according to a Saudi Press Agency report.

“Earth Observation data is essential today,” said Blanken. “It supports infrastructure development, urban growth, and resource management. With more than 2.15 million sq. km, �������� requires scalable, data-driven tools for strategic decisions.”

The platform provides access to global data providers and AI-powered services, allowing government agencies, local companies, and international users to acquire and analyze high-resolution imagery and geospatial data through a digital interface.

Frank Salzgeber, acting deputy governor for the space sector at the Communications, Space and Technology Commission, called the launch an important step for the Kingdom’s space economy.

“Alongside enhancing national capabilities, the platform is expected to accelerate the adoption of space technologies in the Kingdom. It reflects our national priorities: fostering technological innovation, ensuring regulatory compliance, and building secure infrastructure.”

The platform follows Neo Space Group’s acquisition of UP42 GmbH from Airbus in December 2024. The German company runs a cloud-native Earth observation platform that simplifies satellite data access and processing.

Available at sa.up42.com, the platform lets users search, access, and process satellite data at scale using automated workflows, unified formats, and user-friendly tools. It complies with Saudi regulations and is hosted on secure local infrastructure.

RIYADH: The International Falcon Breeders Auction opened on Tuesday at the headquarters of the Saudi Falcons Club in Malham, north of Riyadh.

Running until Aug. 25, the event attracts top breeders and farms from within the Kingdom and around the world, with Europe, the Americas and Asia all represented, the Saudi Press Agency reported.

More than just a sales platform, the auction provides an opportunity for people across the world of falconry to meet, interact and share ideas on this ancient sport. The many pavilions, including a “Falconer of the Future” stand, provide a showcase for breeding farms and equipment suppliers.

The event also supports the Saudi Falcons Club’s efforts to promote the heritage, culture and development of falconry, including pioneering breeding farms, and reinforcing the Kingdom’s position as a global hub for the sector.

Last year’s auction saw 872 birds changing hands for a combined value of more than SR10 million ($2.7 million). That represented a 25 percent increase in revenue and a 36 percent rise in the number of birds sold from 2023.

This year’s event is expected once again to attract the very best falconers and breeders from across the globe, highlighting ��������’s leadership in preserving intangible cultural heritage and its growing international stature in the falconry world.