The Journal of Space Commerce

The Journal of Space Commerce

UP42 Acquired by NEO Space Group

Acquisition Directly Supports Saudi Arabia's Vision 2030 Goals

Tom Patton's avatar
Tom Patton
Jul 17, 2025
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The previously announced acquisition of UP42 from Airbus by Neo Space Group has been completed. Following the initial announcement in December 2024, UP42 is now formally part of the NSG organization.

"It's a pivotal moment for us, strengthening our position as one of the leading players in the geospatial domain."
Martijn Blanken, Neo Space Group

This stra…

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