In a strategic alliance that underscores Saudi Arabia’s commitment to technological advancement and economic diversification, Faz Holdings has partnered with Ursa Space Systems, a U.S.-based leader in satellite intelligence. This joint venture brings together Ursa’s world-class geospatial analytics and Faz Holdings’ regional depth to deliver cutting-edge satellite monitoring capabilities directly into the hands of key stakeholders across the Kingdom.

 

Together, the partnership is positioned to support Saudi Arabia’s growing demand for sovereign data insight, enabling institutions to visualize, track, and respond to global and domestic developments with precision and agility.

 

Empowering Vision 2030 through geospatial innovation

Saudi Arabia’s Vision 2030 outlines a bold strategy to modernize its economy, strengthen national resilience, and build capabilities in advanced technology sectors, including space and artificial intelligence. Central to this vision is the expansion of geospatial intelligence infrastructure—an area where Ursa’s technology offers immediate and scalable impact.

 

The Faz–Ursa partnership is designed to advance this national agenda by localizing access to real-time, satellite-derived insights across sectors such as energy, defense, transportation, and environmental monitoring. This initiative not only introduces globally proven technology into the Kingdom but does so with a clear mandate to build capacity, generate economic value, and empower Saudi-led use cases.

 

Ursa Space Systems: A global leader in satellite intelligence

Founded in Ithaca, New York, Ursa Space Systems is the world’s leading aggregator of synthetic aperture radar (SAR) satellite data. The company offers a scalable analytics platform that transforms raw satellite imagery into actionable intelligence—regardless of cloud cover, lighting, or weather conditions.

 

Ursa’s proprietary tools have proven invaluable in monitoring oil and gas inventories, global supply chains, maritime movements, land use changes, and infrastructure development across over 130 countries. With proven commercial and governmental use cases, Ursa’s technology has already been integrated into workflows by Fortune 500 companies and public-sector institutions seeking data certainty in an uncertain world.

 

Strategic synergies: Why this matters

→ Energy sector optimization

Ursa’s oil storage and asset monitoring capabilities can deliver real-time data to major energy institutions in the Kingdom, supporting pricing strategies, production transparency, and market intelligence.

 

→ National security and civil defense

The ability to monitor borders, infrastructure, and remote regions in near-real time will enhance sovereign security operations, complementing existing surveillance architecture with non-invasive, always-on observation capabilities.

 

→ Infrastructure development and urban planning

Geospatial data enables smart city planning, land use optimization, and oversight of large-scale development projects.

 

→ Environmental and agricultural monitoring

Track deforestation, flooding, illegal land use, and other environmental risks with persistent, longitudinal imagery that allows for data-driven decision-making.

 

→ Crisis response and disaster management

In times of crisis, such as natural disasters or infrastructure failures, satellite data provides critical situational awareness to accelerate response and recovery efforts.

 

The joint venture is currently engaged in active dialogue with several government-related entities in Saudi Arabia. These discussions focus on integrating Ursa’s analytics into national workflows to support strategic initiatives in defense, energy, and municipal development. The goal is to create a localized solution that meets the unique requirements of the Kingdom, while establishing sovereign data assurance and fostering the development of indigenous technical expertise.

 

With alignment from key ministries and agencies, Faz and Ursa aim to position geospatial intelligence as a foundational asset within Saudi Arabia’s digital transformation agenda.

 

Faz Holdings is committed to identifying and scaling technology-driven ventures that offer long-term impact and strategic alignment with national priorities. Our partnership with Ursa reflects a broader strategy to anchor global capabilities in Saudi Arabia, developing homegrown solutions that are powered by international best-in-class partners.

 

As we work to localize Ursa’s presence, build technical infrastructure, and deepen institutional partnerships, Faz remains focused on delivering sovereign capabilities that unlock economic, environmental, and national resilience outcomes for Saudi Arabia.

 

Looking ahead

This joint venture marks a defining moment in Saudi Arabia’s geospatial journey. By embedding Ursa’s global satellite intelligence into local institutions, and integrating it through Faz’s ecosystem of relationships, we are building a foundation for autonomous, data-led decision-making across the Kingdom.

 

Together, Faz and Ursa are not only enabling a new layer of national capability—they are also demonstrating what’s possible when innovation is applied to local challenges with precision, trust, and ambition.