Saudi Arabia’s Master Works Acquires Majority Stake in Geospatial Firm 1sTech
Summary
Master Works Group acquired a majority stake in 1sTech to expand its geospatial and AI capabilities. The deal strengthens Master Works’ GIS, drone, satellite imagery, and remote sensing offerings for government, infrastructure, and defense clients in Saudi Arabia. The combined business will use spatial data analytics to deliver more integrated digital solutions and more accurate decision support. The acquisition also supports use cases such as urban planning, aerial surveying, site monitoring, and satellite imagery processing.
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Developer and IT Infrastructure
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Master Works
$10M to $25M