Latest news with #SARsatX
CairoScene
6 days ago
- Business
- CairoScene
Saudi Spacetech SARsatX Raises $2.6 Million for Satellite Deployment
Founded in 2019, SARsatX provides Earth observation data for sectors including disaster management and urban development. May 23, 2025 Saudi spacetech startup SARsatX has raised $2.6 million in seed funding to expand its fleet of small satellites powered by Synthetic Aperture Radar (SAR) technology. The round was led by TONOMUS, NEOM's tech subsidiary, with backing from Wa'ed Ventures, Access Bridge Ventures, and KAUST Innovation Ventures. The startup also receives support from the Saudi Space Commission and UAE Space Agency. Founded in 2019 out of KAUST's TAQADAM Accelerator, SARsatX provides Earth observation data for sectors including disaster management, urban development, and border security. SAR enables high-resolution, all-weather, day-and-night imaging- a key advantage over optical systems. The funding comes amidst a regional push into space, as SAR capabilities gain traction globally. The Earth observation market is projected to grow six-fold by 2040, with SAR playing a central role in defense, environmental monitoring, and AI-driven geospatial intelligence.
Wamda
20-05-2025
- Business
- Wamda
Saudi spacetech SARsatX raises $2.6 million Seed
Saudi Arabia-based spacetech SARsatX has raised $2.6 million in a Seed round, led by TONOMUS, with participation from Wa'ed Ventures (Aramco), Access Bridge Ventures, and KAUST Innovation Ventures. Founded in 2019 by Ahmed Alzubairi and Muhannad Almutiry as a spin-off from KAUST's TAQADAM Accelerator, SARsatX designs and builds small satellites with Synthetic Aperture Radar (SAR) capabilities to deliver Earth Observation data. Its applications include deforestation monitoring, oil leakage detection, disaster management, border security, urban development, and search and rescue. The new funding will accelerate SARsatX's technology development and help scale its satellite deployment. Press release: SARsatX, a Saudi-based space technology startup specialising in Synthetic Aperture Radar (SAR), has announced the successful closure of a $2.6 million seed funding round. The investment marks a key milestone for the Kingdom's emerging NewSpace sector and reinforces its growing presence in the global space economy. The round was led by TONOMUS, a digital subsidiary of NEOM, with participation from Wa'ed Ventures (the venture capital arm of Aramco), Access Bridge Ventures, and KAUST Innovation Ventures. SARsatX previously received backing from Flat6Labs, a leading early-stage venture capital firm in the MENA region. Founded as a spin-off from the TAQADAM Startup Accelerator and incubated by King Abdullah University of Science and Technology (KAUST), SARsatX is focused on designing and building small satellites equipped with SAR capabilities for Earth Observation (EO). The startup delivers near real-time satellite data within four hours, serving use cases across deforestation monitoring, oil leak detection, disaster response, urban development, and border security. SARsatX is supported by major regional entities, including the Saudi Space Commission and UAE Space Agency, and is currently part of the MiSK entrepreneurship programme powered by Plug and Play, where it receives mentorship from global industry experts. With this latest round of funding, SARsatX aims to enhance its technological edge, expand deployment of SAR-based EO solutions, and position Saudi Arabia as a key player in the commercial space sector.
