New Era Fund: U.S.-Saudi Investment Vehicle Aims to Accelerate Aerospace and Defense Innovation

Riyadh, Saudi Arabia, and Washington, D.C. – The United States and the Kingdom of Saudi Arabia have jointly endorsed the launch of The New Era Fund (the “Fund”), a multi-billion dollar investment vehicle designed to accelerate innovation, expand domestic industrial capabilities, and deepen bilateral collaboration.

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The New Era Fund is designed to support shared national development priorities in both countries, advancing innovation and resilience across the U.S. industrial and defense base while contributing to Saudi Arabia’s long-term capability-building objectives, in alignment with Vision 2030 and beyond.

The Fund is a partnership between New Vista Capital, an investment and strategic advisory firm with deep expertise in aerospace, defense, and national security, and Saudi Excellence Co., a diversified Saudi Arabian business group with a longstanding focus on industrial growth and technology. In addition to public sector alignment, the Fund will also engage private sector investors from both the United States and Saudi Arabia.

In a joint statement, General Partners of the New Era Fund and New Vista Capital, Adam Kaplan and Kirsten Bartok Touw, along with Saudi Excellence Co. Chairman Sheikh Abdullah Zaid Al Meleihi, shared, “We extend our gratitude to President Donald J. Trump and His Royal Highness Crown Prince Mohammed bin Salman Al Saud for their exceptional leadership and support in making this initiative possible. The launch of the New Era Fund reflects a shared vision of investing in industrial capability and innovation to build a stronger and more resilient future together."

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Contact: www.neweradefensefund.com