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.
(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.