USPACE Signs Strategic Cooperation Agreement UCETC, and Thunder International Group INC

On June 4, 2024, USPACE held a grand signing ceremony for a strategic cooperation agreement with the US-China E-commerce Trading Chamber (UCETC) and Thunder International Group INC in its Hong Kong headquarters. This signing ceremony marks the deep collaboration among the parties in the fields of cross-border logistics, e-commerce, and satellite technology applications, aiming to promote innovation and development in global trade.

Joint Efforts to Pioneer a New Era of Cross-border Logistics

USPACE, headquartered in Dubai, United Arab Emirates, and Hong Kong, plans for a dual listing in the overseas in 2024. Based in the UAE Space Eco City, USPACE is committed to building an industry ecosystem cluster and utilizing cutting-edge satellite and space technology to enhance real-time monitoring and tracking capabilities in global logistics and cross-border e-commerce.

UCETC focuses on promoting the development of Sino-US e-commerce trade and provides comprehensive support and services to businesses to enhance cooperation and communication between the two sides. UCETC is dedicated to building bridges and facilitating deep cooperation between Chinese and American e-commerce enterprises, contributing to the mutual development of both parties.

Thunder International Group INC, founded in 2010, has become an international cross-border logistics enterprise integrating five core businesses: first-leg air and sea transportation, domestic warehousing and distribution across the US, global express and overseas shopping, product quality inspection and maintenance, and cross-border e-commerce brand expansion. Thunder International Group INC holds an important position in the international logistics field and continues to provide efficient and reliable logistics solutions to global customers.

ThunderSat-1: The World's First Cross-border Logistics Monitoring Satellite

The cooperation plan includes the launch of ThunderSat-1, the world's first cross-border logistics monitoring satellite, in the first quarter of 2025. This initiative will promote the construction and operation of a satellite Internet of Things (IoT) constellation, providing more reliable technical support for global logistics. Additionally, leveraging USPACE's Golden Bauhinia Satellite, BeiDou satellite technology, and satellite IoT terminals, both parties will collaborate on pilot projects to achieve real-time positioning and tracking in cross-border logistics, significantly improving the efficiency and transparency of logistics management.

New Opportunities for Warehousing and Investment Cooperation in the Middle East

USPACE will provide Thunder International Group INC with preferential warehouse space within the Abu Dhabi Spaceport City, facilitating its overseas warehousing and logistics business in the Middle East and further expanding its business footprint. Meanwhile, Thunder International Group INC plans to list on NASDAQ or the New York Stock Exchange. USPACE will serve as a potential investor, supporting its listing process, enhancing enterprise valuation, and achieving mutual benefits.

Looking to the future, creating brilliance together

USPACE will continue to promote the vibrant development of global trade and e-commerce through technological innovation and strategic cooperation. This collaboration brings new opportunities and development space for all parties and further encourages the prosperity of the international e-commerce and logistics industries. We have full confidence in this cooperation and will work hand in hand with UCETC and Thunder International Group INC to jointly promote innovation and transformation in global trade, creating a better future.