On 16 October 2023, with the support of the Saudi Space Agency (SSA) and the Ministry of Investment of Saudi Arabia (MISA), ASPACE Satellite Technology Limited (ASPACE) obtained the national aerospace industrial license issued by Saudi Arabia, covering dozens of business scopes in the aerospace manufacturing field, which laid an essential foundation for the development of the Saudi aerospace industry.
The license obtained by ASPACE covers hardware manufacturing such as aerospace vehicles, satellites, satellite components, radio communication, measurement, remote sensing, control systems, production of raw materials and components, research and development on information systems and software, key technology demonstration and product experiments.
Obtaining the Saudi national aerospace industrial license not only marks an essential step for ASPACE to land the satellite industry in Saudi Arabia, but also has great significance for ASPACE to implement its globalisation strategy in different parts of the world.
On April 24, 2024, USPACE Technology Group Limited and Strata, wholly owned by Mubadala Investment Company (Mubadala), held their sixth working meeting in Hong Kong. Mr. Sun Fengquan, Chairman of the Board of Directors of USPACE Technology Group Limited, warmly welcomed the delegation from Strata and engaged in friendly discussions. Both parties extensively deliberated on cooperation and preliminarily reached a cooperation agreement.
On 19 March 2024, the International Space University (ISU), together with the USPACE Technology Group Limited (USPACE) and its connected ASPACE International Holdings (ASPACE), and the Space Generation Advisory Council (SGAC), announced their partnership. Under this partnership, ASPACE is providing scholarships to Master students from underprivileged countries or regions to support ISU's efforts in inclusivity and the democratisation of space education.
Aerospace Silk Road – Interview with Dr George Lam