TAQNIA - تقنية Email Format

Investment ManagementRiyadh, Saudi Arabia201-500 Employees

TAQNIA is a Saudi investment management company fully owned by the Public Investment Fund. It aims to translate research outputs from local and international institutions into commercially viable ventures, and to commercialize work from universities and other initiatives. The company operates across a broad range of strategic sectors, including energy, water, petrochemicals, nanotechnologies, biotechnologies, information technologies, telecommunications, electronics, space, environment, security, and advanced industries, through three main business tracks: Investments, Industries, and Commercialization Services.

Based in Riyadh, the organization was founded in 2011 by royal decree to support knowledge-based diversification in the Kingdom. As a mid-sized enterprise, it engages in partnerships and technology transfer to foster economically sustainable ventures. A notable development occurred in June 2020, when TAQNIA partnered with Lockheed Martin Ventures to develop and deploy the ground segment for the secure and commercial operations of SGS-1.

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