Cybernaut International Holdings Company Limited (HK:1020) has released an update.
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Cybernaut International Holdings Company Limited has announced a strategic cooperation agreement with BeiDou Global Applications for the global application of China’s BeiDou Navigation Satellite System (BDS) in Hong Kong. The agreement, which includes the establishment of a dedicated platform for BeiDou’s short message communication service, aims to promote BDS in various sectors such as transportation and public safety and leverage Hong Kong as a hub for further expansion into Southeast Asian markets. This move aligns with China’s strategy of globalizing BDS and Hong Kong’s goal to become an international innovation and technology center.
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