NEOM Tech & Digital Company, now known as Tonomus, is a technology company headquartered in NEOM, Saudi Arabia. While primarily focused on developing cognitive technologies and digital infrastructure for the NEOM project, it has a presence in the space industry through a $200 million joint venture with OneWeb to deliver high-speed satellite connectivity to NEOM, the Middle East, and East Africa. This partnership involves deploying OneWeb's LEO satellite constellation and researching future connectivity systems, with the aim of enabling NEOM's ecosystem of cognitive technologies and transforming businesses and communities in the region.
All verified mentions of this organization in source documents.
NEOM will test and develop satellite-based cybersecurity solutions and positioning and navigation capabilities under the joint venture with OneWeb.
NEOM secured OneWeb capacity for $170,000,000 in a seven-year deal and is investing $30,000,000 in the joint venture that will distribute the capacity across Saudi Arabia, the wider Middle East, and neighboring East African countries.
NEOM Tech & Digital Holding Company will invest $200,000,000 in a joint venture with OneWeb to resell OneWeb satellite capacity.