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Hong Kong Aerospace Technology Group Limited ( (HK:1725) ) has shared an announcement.
USPACE Technology Group Limited has entered a strategic partnership agreement with the Arab Information and Communication Technologies Organization to collaborate on satellite manufacturing and operations targeting the Middle East and Africa. This partnership will help USPACE in applying for radio frequencies for its planned satellite constellation, enhancing its industry positioning and commitment to socio-economic development in the region.
More about Hong Kong Aerospace Technology Group Limited
USPACE Technology Group Limited is a company that operates in the aerospace industry, focusing on satellite manufacturing, telemetry, tracking, and control, as well as data application activities. The company has advanced cleanroom facilities for satellite assembly and testing, and it aims to become a leading satellite manufacturer by 2028 with plans to build a satellite constellation for the Middle East and Africa by 2030.
Average Trading Volume: 3,630,328
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$443.6M
See more insights into 1725 stock on TipRanks’ Stock Analysis page.
