OQ Technology: Space Technology Startup Sets up in Saudi Arabia
By Erika Masako Welch • 23 February 2023
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OQ Technology Secures €13 Million in Funding with Wa’ed Ventures Investment
The latest European startup that has identified Saudi Arabia as its next big market, is OQ Technology. Wa’ed Ventures was a key investor in the space-technology startup’s €13 million Series A round, which closed in October 2022.
OQ Technology Founder and CEO, Omar Qaise, has been dreaming of space since he was a young boy growing up in Iraq. His insatiable appetite for all things space led him to Germany to study telecommunications and aerospace engineering on scholarship, followed by an MBA
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