![]() ![]() Neom Tech and Digital Holding Company and OneWeb, the only licensed operator in Saudi Arabia, expect to complete ground infrastructure in 2022. The middle east nation is building up the Neom region in the northwest part of the country on the Red Sea as a living lab that will focus on development of the latest technologies. Neom Tech and Digital Holding Company is the first holding company to be established as a subsidiary of Neom, a region in Saudi Arabia. The joint venture firm will see the deployment of OneWeb's Low Earth Orbit (LEO) satellite constellation to provide connectivity to enable Neom's ecosystem of cognitive technologies. NEW DELHI: Bharti Group backed satellite company OneWeb and Saudi Arabia's Neom Tech and Digital Holding Company have signed a pact for a $200 million joint venture to provide satellite-based services to Middle East and East African countries, a joint statement said Tuesday.
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