USPACE Technology Group Limited and the Egyptian Space Agency have signed a comprehensive strategic cooperation agreement on May 23, 2024. The two parties will establish a joint space technology laboratory in Abu Dhabi Space Eco City. The laboratory will conduct technical research in various areas, including overall design of intelligent satellites, design, construction, and application of smart constellations, and advanced satellite production and manufacturing processes. The aim is to enhance the autonomy and operational lifespan of satellites, as well as reduce the costs associated with production, manufacturing, and operational maintenance of satellites.
The joint space technology laboratory will be located in the core space park of the first phase of the Abu Dhabi Space Eco City, which is being developed in the United Arab Emirates. The proposed laboratory will leverage advanced satellite design and manufacturing technologies to promote the commercialization of research and development achievements. USPACE Technology Group Limited will continue to gather intelligent technology expertise in the space hub field and is committed to empowering the space industry with advanced intelligent technologies, thus improving the autonomous operation and management capabilities of future space systems.
(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.