UP42 Earth Observation Digital Platform Acquired by Neo Space Group

Saudi Arabian Company Reaches Agreement with Airbus

A definitive agreement has been reached between Neo Space Group and Airbus Defense and Space (Airbus) to acquire the latter company's UP42 business, a next-generation earth observation digital platform. The transaction is subject to the satisfaction of customary closing conditions, including required regulatory clearances. UP42, launched by Airbus in 20…