The Saudi Technology Development and Investment Company (TAQNIA)

Commercializing Saudi R&D for Vision 2030

Riyadh, Saudi Arabia · Founded 2011

Headquarters
Riyadh
Employees
201–500
Founded
2011
Business Model
B2B
Website
taqnia.com

About

The Saudi Technology Development and Investment Company (TAQNIA) is a 100% Public Investment Fund (PIF)-owned holding company established in 2011 by Royal Decree (M/47). TAQNIA is mandated to invest in and commercialize R&D output from King Abdulaziz City for Science and Technology (KACST) and other local and global research institutions. The company plays a key role in Saudi Arabia's economic diversification in line with Vision 2030, focusing on knowledge-based industries including defense and security, aerospace, cybersecurity, and energy technology. TAQNIA's portfolio of subsidiaries includes TAQNIA Cyber, TAQNIA Space, TAQNIA ETS, TAQNIA Energy, TAQNIA Aeronautics, and Venture Souq, among others.

Summary

The Saudi Technology Development and Investment Company (TAQNIA) is a Defense Tech company based in Riyadh, Saudi Arabia, founded in 2011.

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