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RIYADH: Passengers and airlines will benefit from faster, more reliable inflight connectivity as Public Investment Fund-backed Neo Space Group acquires Display Interactive to enhance services and streamline operations.
The deal, finalized under a definitive agreement, will integrate DI鈥檚 technology with NSG鈥檚 satellite communications capabilities, aiming to improve passenger experience and support more efficient airline operations.
The acquisition is part of 黑料社区鈥檚 push to expand its aviation and digital infrastructure under Vision 2030, which seeks to diversify the economy, boost private sector growth, and strengthen the Kingdom鈥檚 position as a global transportation hub.
As part of this plan, Saudi aviation goals include serving 330 million passengers across over 250 destinations and transporting 4.5 million tons of air cargo by 2030.
Martijn Blanken, CEO of NSG, said: 鈥淭he IFC (inflight connectivity) sector is evolving rapidly, and remaining competitive requires a strong customer focus, continuous innovation, and adaptability.鈥�
He added: 鈥淎cquiring DI strengthens our ability to deliver cutting-edge connectivity solutions while ensuring passengers enjoy an unparalleled in-flight experience with seamless connectivity, high-speed internet, and real-time entertainment and communication.鈥�
This move will enhance NSG鈥檚 standing in the aviation sector as a leading provider of integrated, multi-orbit solutions, supported by smart bandwidth management and comprehensive global coverage.
鈥淛oining forces with Neo Space Group allows us to open a new chapter, scaling our technology and expanding our impact in global aviation. Together, we will push the boundaries of innovation and connectivity in the most agile way,鈥� said Tarek El Mitwalli, CEO of Display Interactive.
NSG and DI began working together in 2023 on product development and introduced the Skywaves satellite connectivity system in May 2024.
The acquisition will build on this collaboration, linking Skywaves鈥� traffic management with the SkyFly passenger portal.
Using the SES Open Orbits network, the system routes data across multiple satellite providers to maintain consistent, high-speed connectivity for airlines and passengers.
Combining DI鈥檚 technology with NSG鈥檚 satellite capabilities, the group aims to simplify deployment of in-flight connectivity solutions, improve efficiency for airlines, and enhance the digital experience for travelers.