_Arabia_
Trusted Member
Hot Take — Semafor | MASNA Ventures, founded by an American entrepreneur, has launched Saudi Arabia's first venture capital fund focused on the defense sector, aiming to raise at least $100 million from American and Saudi investors.
The fund will support defense technology companies in the United States or other allied countries, in addition to helping them establish manufacturing operations inside Saudi Arabia, according to founding partner Lucian Ziegler in an interview with Semafor.
Ziegler explained that the MASNA fund plans to close around 10 deals, with an initial focus on drones and counter-drone systems, precision-guided munitions, and artificial intelligence-based defense systems.
The fundraising effort aims to capitalize on the strengthening of defense cooperation between the United States and the Kingdom, especially after Saudi Arabia was designated a major non-NATO ally last November, when Saudi Crown Prince Mohammed bin Salman met with U.S. President Donald Trump at the White House.
- General Atomics company displays a conceptual model of the YFQ-42 aircraft in Saudi military camouflage and the Royal Saudi Air Force RSAF logo.- Attached is a previous thread to talk about it:

Likely fruits of the well-known KSA-Ukraine cooperation.
- The emergence of the Ukrainian Neptune cruise missile, which has been surrounded by many rumors for years about the possibility of locally transferring its manufacturing technologies.- No confirmation if its appearance in the Ministry of Industry clip was intentional, or just a clip that was edited without any intentions
As the decisive hour approaches to see it in 2030.. here is #SaudiArabia entering the production of missiles for military use
Saudi companies are working on manufacturing and developing a heavy Saudi missile
The missile is a cruise type, anti-ship and against targets on land
The Saudi says its range is 110 kmIt resembles the Neptune made by #Ukraine
So many exciting local firms, projects and new weapons, systems etc. over the past few years with this just being the beginning. The future looks very bright.















