Neo Space Group Completes Acquisition of UP42 from Airbus Defence and Space, Ushering in a New Era of Geospatial Solutions
[City, State] – July 15, 2025 – Neo Space Group, a leading innovator in the satellite and geospatial industry, announced today the successful completion of its acquisition of UP42, a prominent geospatial data and analytics platform, from Airbus Defence and Space. This strategic milestone marks a significant step forward for Neo Space Group, enhancing its capabilities and expanding its reach in the rapidly evolving world of Earth observation and data-driven insights.
The acquisition, finalized on July 15, 2025, brings together Neo Space Group’s established expertise in satellite technology and NewSpace innovation with UP42’s robust platform, which offers a vast array of geospatial data sources, powerful processing tools, and a vibrant marketplace for analytics solutions. This synergy is expected to accelerate the development and deployment of cutting-edge geospatial products and services, catering to a diverse range of industries including agriculture, environmental monitoring, urban planning, defense, and disaster management.
“We are thrilled to officially welcome UP42 into the Neo Space Group family,” said [Name and Title of Neo Space Group CEO], CEO of Neo Space Group. “UP42’s impressive platform and its extensive network of data providers and developers are a perfect complement to our existing strengths. This acquisition empowers us to offer a more comprehensive and integrated suite of geospatial solutions, enabling our customers to make better, more informed decisions based on timely and accurate Earth intelligence.”
UP42 has built a reputation for its user-friendly interface, flexible data access, and its commitment to fostering an ecosystem of geospatial innovation. By integrating UP42’s capabilities, Neo Space Group aims to democratize access to advanced geospatial analytics, making powerful data more accessible and actionable for a wider audience. This includes empowering businesses of all sizes, government agencies, and researchers to leverage the power of satellite imagery and derived insights.
The integration process is already underway, with a focus on seamless transition and the continued delivery of exceptional service to UP42’s existing customer base. Neo Space Group is committed to investing in the UP42 platform, further enhancing its features, expanding its data offerings, and fostering continued innovation within its developer community.
This acquisition underscores Neo Space Group’s strategic vision to be a leader in the NewSpace era, where innovative technologies are transforming how we interact with and understand our planet. By combining forces, Neo Space Group and UP42 are poised to set new standards in the geospatial industry, delivering value and driving progress through the power of Earth observation data.
About Neo Space Group: Neo Space Group is a pioneering company dedicated to advancing satellite technology and geospatial solutions. With a focus on innovation and customer-centricity, Neo Space Group provides a comprehensive range of services, from satellite design and manufacturing to data processing and analytics, empowering industries and governments with critical Earth intelligence.
About UP42: UP42 is a geospatial data and analytics platform that provides access to a wide range of satellite imagery and processing tools. UP42 empowers users to discover, analyze, and deploy geospatial solutions through its intuitive platform and extensive marketplace, fostering innovation in the geospatial sector.
Neo Space Group finaliza la adquisición de UP42 a Airbus Defence and Space
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