Hong Kong Aerospace Technology Group Limited (HK:1725) has released an update.
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USPACE Technology Group Limited has announced a strategic partnership with the Egyptian Space Agency to cooperate on satellite manufacturing, testing, and educational initiatives. The non-binding agreement outlines collaboration on developing a 6U-sized cube satellite for Egypt, with manufacturing in Hong Kong and testing in Egypt. This partnership, set for an initial five-year term, promises to enhance Egypt’s local satellite capabilities and foster international aerospace cooperation.
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