Riyadh - Sharikat Mubasher: Neo Space Group (NSG), a Riyadh-headquartered space service company, signed a memorandum of understanding (MoU) with Arabsat, one of the world’s top satellite operators, to strengthen collaboration in developing geospatial products and services across the GCC and the Middle East.

The MoU was signed at LEAP 2026 in the presence of Haitham Al-Faraj, CEO of NSG, and Badr Al-Suwaidan, chairman of Arabsat, the space company stated in an official press release.

The agreement aims to explore new opportunities in satellite communications and emerging space technologies, bringing together capabilities and expertise to develop advanced solutions, enhance the integration of space technologies and data, serve critical sectors, and support the growth of the space economy in Saudi Arabia and the region.

LEAP2026 takes place from 31 August to 3 September under the theme “Into New Worlds,” bringing together thousands of companies, startups, investors, and technology experts. It is expected to attract more than 1,000 global speakers and experts, 1,800 technology companies, 600 startups, and 1,900 investors and venture capital representatives.