SARsatX has successfully closed a $2.6 million seed funding round, marking a significant milestone for the growing Saudi NewSpace sector. The round was led by TONOMUS, with participation from Wa’ed Ventures (Aramco’s investment arm), Access Bridge Ventures, and KAUST Innovation Ventures.
This funding will accelerate SARsatX’s mission to advance cutting-edge SAR (Synthetic Aperture Radar) technologies and strengthen the Kingdom’s position in the global space industry.
Previously, Flat6Labs, the leading seed and early-stage venture capital firm in the MENA region, invested in SARsatX.
About SARsatX: SARsat Arabia is a space startup in the GCC and Arabia that designs and develops small satellites to do Earth Observation (EO) using Synthetic Aperture Radar (SAR) and provide data for many sectors. By utilizing EO, SARsat can be proactive and help its clients to make better decisions in many applications such as: deforestation, border security, disasters, search and rescue, oil leakage, and urban development. SARsat guarantees reliable and recent data within four hours form the moment you give us a call.
SARsat is a spin-off of TAQADAM Startup Accelerator, incubated and funded by King Abdullah University of Science and Technology (KAUST), and supported by Saudi Space Commission and UAE Space Agency. SARsat is a member of MiSK entrepreneurship program in a qualified cohort of 20 startups power by Plug and Play which provides continuous training and mentoring by experienced industry experts.
