On 11 January 2024, Mr Sun Fengquan, Chairman & CEO of USPACE/ASPACE, led a delegation to meet with the representatives from the Ministry of Industry and Mineral Resources, Ministry of Investment, and Saudi Space Agency. The joint parties conducted friendly exchanges on landing ASPACE’s satellite manufacturing factory and the strategy and plan on developing the large-scale space industry cluster in Saudi.
The representatives from the three key Ministries warmly welcomed the visit of Mr. Sun Fengquan and his delegation and expressed that ASPACE’s strategy highly conforms to Saudi Arabia’s 2023 Vision. The representatives emphasised that they will continue their respective efforts to support the implementation of ASPACE’s space industry plan and strategy in Saudi.
As a concrete and immediate measure, the representatives from the three governmental organisations will work with USPACE/ASPACE team to establish a joint Working Group (WG) to facilitate the implementation of the projects at an even higher level.
On February 27th, Mr. Sun Fengquan, Chairman and CEO of Uspace Holdings Limited, hosted a delegation led by Mr. Yan Guangtian, Party Secretary and Chairman of China Railway 18th Bureau (Group) Co., Ltd, in Hong Kong. The two parties engaged in in-depth discussions on further deepening cooperation on the Abu Dhabi Space Eco City project reached a series of consensus and signed a memorandum of cooperation.
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.