The New York Stock Exchange (NYSE) in the United States issued a congratulations on the grand opening of ASPACE Hong Kong Satellite Manufacturing Center, a subsidiary of Hong Kong Aerospace Technology Group (HKATG) which will be held on 25 July.
The ASPACE Hong Kong Satellite Manufacturing Center, the first satellite manufacturing center in Hong Kong, is in the Advanced Manufacturing Center (AMC) of the Hong Kong Science Park in Tseung Kwan O and covers an area of approximately 200,000 square feet. It has intelligent, flexible, and mass production capabilities, and is also one of the world's largest intelligent, satellite manufacturing facilities. The ASPACE Hong Kong Satellite Manufacturing Center contains 18 subsystems and more than 200 pieces of equipment including a variety of comprehensive production line equipment covering overall satellite structure, optical positioning, vibration, mechanical performance, electromagnetic compatibility, thermal control, and precision. This guarantees the most comprehensive satellite production system and related aerospace products before leaving the factory.
(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.