On December 21, 2023, Mr. SUN Fengquan, Chairman of Uspace & ASPACE, paid a visit to Mr. Khalid Al Falih, Investment Minister of Saudi Arabia. Both sides engaged in in-depth discussions.
Mr. SUN Fengquan expressed his gratitude once again to Mr. Khalid Al Falih for granting ASPACE the first Saudi investment license in the aerospace industry, Mr. Khalid Al Falih warmly welcomed Mr. SUN Fengquan's visit and expressed strong support from the Saudi Investment Ministry for ASPACE's establishment in the satellite industry in KSA.
This meeting with Mr. Khalid Al Falih marks an important milestone for ASPACE's further establishment in the aerospace industry in KSA.
(25 July 2024 - Hong Kong) - USPACE Technology Group Limited ("USPACE " or "the Group"; Stock Code: 1725.HK) is pleased to announce the rollout of 6 commercial optical satellites (For details, please refer to Appendix) and related aerospace products. With a highly competitive pricing strategy, the Group aims to enter the global market and expand its customer base, capturing the rapidly growing demand from emerging markets and small and medium-sized enterprises (SMEs). It marks a new milestone in USPACE’s satellite mass production and commercialization efforts, representing a significant step forward in the Group's globalization strategy.
The International Space University (ISU) is pleased to announce that the ASPACE full tuition scholarship for the ISU Master of Space Studies, which was announced earlier this year and promoted with the help of the Space Generation Advisory Council (SGAC), has been awarded to Mr. Harry Tabi Ndip, an outstanding student from Cameroon. ASPACE Satellite Technology Limited is headquartered in Saudi Arabia and is a subsidiary of USPACE Technology Group Limited which is headquartered in Dubai and Hong Kong.
16 July 2024, USPACE signed a Comprehensive Strategic Cooperation Agreement with the Brazilian Space Startup Alliance, composed of 13 companies, opening a new chapter for USPACE to develop its business in Brazil and South America.