Master Works Acquires Majority Stake in Saudi Geospatial Firm 1sTech

Friday, August 28, 2026

Master Works has acquired a majority stake in 1sTech, a Saudi company focused on geospatial solutions, remote sensing, geographic AI, drones, and satellite imagery. The deal expands Master Works’ digital transformation portfolio and strengthens its presence in location intelligence and AI-driven spatial analytics, areas that are increasingly important for government and enterprise digital projects in Saudi Arabia. The acquisition also reflects growing demand for geospatial technology as organizations use mapping and satellite data for planning, monitoring, and decision-making.

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Master Works Acquires Majority Stake in Saudi Geospatial Firm 1sTech | SRMED