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Home » Saudi spacetech SARsatX raises $2.6 million Seed
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Saudi spacetech SARsatX raises $2.6 million Seed

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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.

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Business

Binghatti Holding’s USD500mln benchmark Sukuk 5 times oversubscribed

Dubai, UAE – Binghatti Holding Ltd (“Binghatti Holding”), one of the UAE’s fastest growing real estate…

Dubai Duty Free achieves record sales in July 2025, with sales surpassing AED638mln (US$175mln)

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Dubai welcomes Japan’s leading Udon Brand as Marugame Udon opens first UAE outlet at City Centre Deira

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Binghatti Holding’s USD500mln benchmark Sukuk 5 times oversubscribed

Dubai Duty Free achieves record sales in July 2025, with sales surpassing AED638mln (US$175mln)

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Super Stage to Shine with Star Power, Becoming the Beating Heart of SBC Summit

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