On December 13, 2023, the Ministry of Commerce of KSA officially issued the Company Registration Certificate and Bylaws to ASPACE Satellite Technology Limited, marking the official registration of ASPACE in Saudi Arabia.
This is another critical milestone for ASPACE since it obtained the Space Investment License from the Saudi Ministry of Investment on October 25, 2023. The issuance of the Company Registration Certificate is of great significance for ASPACE's landing in the KSA space industry and its global strategy.
Today, USPACE held a lion dance event to celebrate the Lunar New Year. The event attracted enthusiastic participation from company employees and guests, injecting joy and blessings into the new year. Mr.Sun, Chairman and CEO, expressed his wishes to all 1,200 employees, encouraging them to support and motivate each other. He hoped that everyone would achieve great success and create even more brilliant accomplishments in the new year, jointly shaping a bright future for USPACE.
City’s first satellite manufacturer, Uspace Technology Group, expects half of the units it produces annually will go to the Greater Bay Area, to spur digital transformation.
On January 21, 2024, Mr Sun Fengquan, Chairman and CEO of USPACE Technology Group Limited (USPACE), and Ms Yu Qi, Secretary General of the Asia-Pacific Space Cooperation Organization (APSCO), jointly signed a Contract for Golden Bauhinia Satellite Constellation Remote Sensing Satellite Data Procurement Service.