Ministry of Investment of Saudi Arabia Visits USPACE

On November 15, Abdulrahman AlMazyad, Managing Director of Defense Sector at the Ministry of Investment, visited USPACE, bringing forth positive prospects for cooperation in the aerospace field between USPACE and Saudi Arabia.

During the visit, Mr. Abdulrahman AlMazyad and his delegation toured USPACE 's facilities for satellite manufacturing, TT&C, and data applications. The advanced technology and highly automated equipment left a profound impression on the Ministry of Investment representatives, who highly praised these facilities and equipment.

After the tour, Mr. Abdulrahman AlMazyad engaged in in-depth discussions with Mr. Sun, the CEO of USPACE. Both parties extensively reviewed the progress of Saudi projects. Mr. Abdulrahman AlMazyad expressed that the Ministry of Investment would fully support USPACE in establishing a satellite manufacturing plant in Saudi Arabia, providing substantial support in introducing local partners, attracting local investors, and securing government funding. Additionally, the Ministry of Investment warmly welcomes USPACE to hold an exhibition of 103 satellites in Saudi Arabia. These proactive measures inject strong momentum into the cooperation between the two parties, potentially driving further development in the Saudi aerospace industry.