TAQNIA SPACE Is a Subsidiary of The Saudi Technology Development and Investment Company (TAQNIA) that was established by royal decree. It is owned by PIF (Public Investment Fund). TAQNIA Co. has signed a Strategic Partnership with King Abdulaziz City for Science and Technology (KACST) under which KACST would provide TAQNIA with the studies and information related to all its products, services, and registered rights along with the technical support in all aspects for these products, services and registered rights.
To be a leader in providing mobile / fixed SATCOM, Geospatial services, and satellites manufacturing.
- Provide Highly Secure Satellite Communications infrastructure
- Provide voice, data, & video communications, TV Broadcasting
- Provide High-Value Remote Sensing Data
- Commercialize KACST’s Technological Developments
- Human Capital Development
The Saudi Technology Development and Investment Company (TAQNIA) was established in June 2011 by Royal Decree to localize technology in Saudi Arabia and commercialize outputs of R&D centers.TAQNIA invests in technology that contributes towards Saudi Arabia’s economic diversification. TAQNIA is owned by the Public Investment Fund (PIF) which drives strategic and sustainable diversification enabling growth in different industries in Saudi Arabia.