Austria’s Blackshark to Draw Dynamic Map of Saudi Arabia’s Space Industry

Michael Putz, co-founder and CEO of the global Austrian company Blackshark. (Photo by: Yazid Al-Samrani)
Michael Putz, co-founder and CEO of the global Austrian company Blackshark. (Photo by: Yazid Al-Samrani)
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Austria’s Blackshark to Draw Dynamic Map of Saudi Arabia’s Space Industry

Michael Putz, co-founder and CEO of the global Austrian company Blackshark. (Photo by: Yazid Al-Samrani)
Michael Putz, co-founder and CEO of the global Austrian company Blackshark. (Photo by: Yazid Al-Samrani)

Co-founder and CEO of the international Austrian company Blackshark Michael Putz said the company has contributed to maximizing the space industry and strengthening the space economy in Saudi Arabia, by drawing a complete dynamic map of the Kingdom on an area estimated at more than one million square kilometers.

Speaking to Asharq Al-Awsat, Putz said the programs proposed by Prince Mohammed bin Salman, Crown Prince and Prime Minister, in Vision 2030 constituted an incentive for his company to explore cooperation opportunities in the field of the space industry.

He explained that the programs of the Saudi vision, which aim to position the Kingdom as a leading global player in the advanced space economy, were a major stimulator for international companies.

Putz noted that Blackshark was ready to provide its services to support the portal that is dedicated for international companies looking for projects in the space sector in the Kingdom, and to facilitate the identification of the appropriate opportunities through the Saudi Technical Development and Investment Company Taqnia, owned by the Saudi Public Investment Fund.

“In just 90 days of completion, we supported the Saudi Taqnia company, by building a solution to draw a dynamic map of the entire Kingdom, on an area estimated at more than one million square kilometers, in a few hours,” he said.

“This first achievement in the world became possible, thanks to the technological solution we provide, which enabled Taqnia to create its own artificial intelligence models, with the support of young Saudi GIS engineers,” he added.

The achievement ensures that intellectual property in the Kingdom remains on the safe list, generates local jobs, and positions Saudi Arabia as a leading center for dynamic space mapping, he stressed.

Putz stated that the company is developing programs that allow drawing dynamic maps of the Earth’s surface, indicating that Blackshark’s directions coincide with the Vision 2030 strategy regarding the space industry.

“Our journey began with video games, and in 2016, Microsoft contacted us to help create the new Microsoft Flight Simulator,” he remarked.

Putz pointed out that the success of Microsoft Flight Simulator presented a great opportunity to market the technology in industries far beyond the traditional gaming sphere.



India to Offer $4-$5 Bln in Incentives for Electronics Production, Weaning Off China

A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole
A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole
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India to Offer $4-$5 Bln in Incentives for Electronics Production, Weaning Off China

A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole
A social media influencer uses a phone on the day of the unveiling of Hyundai IONIQ 9, a three-row electric SUV during a Hyundai event in the Hollywood Hills in Los Angeles, California, US, November 20, 2024. REUTERS/Daniel Cole

India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
India's electronic production has more than doubled in the last six years to $115 billion in 2024, led by growth in mobile manufacturing by global firms such as Apple and Samsung. It is now the world's fourth-largest smart phone supplier.
But the sector faces criticism for its heavy reliance on imported components from countries such as China.
"The new scheme will incentivize production of key components like printed circuit boards that will improve domestic value addition and deepen local supply chains for a range of electronics," one of the two officials said.
The incentives are likely to be offered under a new scheme expected to be launched in two to three months, said the officials, who asked not to be identified as details of the scheme are not yet public.
The scheme is likely to offer incentives totaling between $4-$5 billion to global or local firms which qualify, Reuters reported.
The plan, designed by the India's electronics ministry, has identified components eligible for incentives and is in its final stages.
The finance ministry will approve the scheme's final allocation soon, the first official added, with the sources expecting it to be launched in the next 2-3 months.
India's electronics ministry and finance ministry did not immediately respond to requests for comment.
India is aiming to expand its electronics manufacturing to $500 billion by the fiscal year 2030, including production of components worth $150 billion, according to the government's top policy think tank Niti Aayog.
India imported electronics, telecoms gear, and electrical products worth $89.8 billion in the fiscal year 2024, with more than half sourced from China and Hong Kong, according to an analysis by private think tank GTRI.
"This scheme is coming at a time when it is critical to promote component manufacturing that will help us aim for a global-scale of electronics production," Pankaj Mohindroo, head of India's Cellular and Electronics Association, said.