Saudi Arabia’s FalconViz Secures PIF Musahama Award For Innovation At Private Sector Forum 2026

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FalconViz, a leading Saudi-born deep tech startup and member of the King Abdullah University of Science and Technology (KAUST) portfolio, has been honored with the prestigious Musahama Award for “Outstanding Achievement in Innovation.” The award was presented to FalconViz CEO, Dr. Luca Passone, during the Public Investment Fund (PIF) Private Sector Forum 2026 held in Riyadh, recognizing the company’s significant contributions to the Kingdom’s digital transformation and Vision 2030 goals.

Scaling Deep Tech Across Strategic Sectors

The recognition highlights FalconViz’s successful deployment of specialized autonomous and AI-driven platforms that address critical industrial challenges. By leveraging aerial data and advanced analytics, the company has transitioned from a drone-centric startup to a comprehensive deep tech provider. Its solutions are currently being utilized to enhance operational efficiency and sustainability across high-impact sectors including mining, agriculture, and urban development.

Precision Agriculture Supporting the Saudi Green Initiative

A key driver behind the award is the performance of Gharsa.ai, a proprietary AI-powered cloud platform designed for green space management and reforestation. The software provides precision monitoring and predictive analytics for seedlings, facilitating large-scale sustainable farming practices. Gharsa.ai is instrumental in supporting the Saudi Green Initiative (SGI) by ensuring the health and survival rates of newly planted trees through data-driven resource management.

Revolutionizing Industrial Efficiency with StockViz

In the industrial and mining sectors, FalconViz has set new benchmarks through StockViz, a specialized platform for stockpile management. The software utilizes high-resolution aerial data to provide precise volumetric calculations and real-time operational insights. By digitizing asset management, StockViz enables mining investors and industrial operators to maintain regulatory compliance while optimizing cut-and-fill operations, demonstrating the tangible impact of Saudi-developed technology on the global stage.

About FalconViz

Founded as a spin-off from KAUST, FalconViz is a premier Saudi Arabian deep tech company specializing in asset digitization and process digitalization. Utilizing Unmanned Aerial Vehicles (UAVs), laser scanning, and AI-driven software, the company provides end-to-end solutions for smart city applications, infrastructure inspection, and cultural heritage documentation. As a key player in the Kingdom’s innovation ecosystem, FalconViz continues to drive the localization of advanced technology and the development of national digital twins.

Source: LinkedIn

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