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Hong Kong Aerospace Technology Group Limited ( (HK:1725) ) just unveiled an update.
USPACE Technology Group Limited has entered into a memorandum of understanding with the Kingdom of Bahrain National Space Science Agency for potential collaboration in satellite manufacturing, telemetry, tracking, and data application. This partnership could enhance USPACE’s industry positioning by leveraging Bahrain’s resources for satellite R&D and promoting its Industry 5.0+ST design philosophy. The collaboration includes opening USPACE’s advanced facilities to NSSA and exploring a joint satellite exhibition, reflecting USPACE’s strategic expansion efforts.
More about Hong Kong Aerospace Technology Group Limited
USPACE Technology Group Limited is a global innovative industrial satellite manufacturer that integrates Industrial 5.0 principles with satellite technology. The company focuses on enhancing production efficiency and productivity, emphasizing people, environment, ecology, inclusivity, and satellite applications. It operates aerospace-grade precision manufacturing facilities and has independent satellite system design and operation capabilities.
YTD Price Performance: 9.09%
Average Trading Volume: 4,204,818
Technical Sentiment Consensus Rating: Buy
Current Market Cap: HK$519.2M
Learn more about 1725 stock on TipRanks’ Stock Analysis page.
