Medical and Hospital News
TECH SPACE
USPACE introduces 6 new commercial optical satellites
illustration only
USPACE introduces 6 new commercial optical satellites
by Clarence Oxford
Los Angeles CA (SPX) Jul 29, 2024

USPACE Technology Group Limited ("USPACE" [1725.HK]) has announced the launch of six new commercial optical satellites and related aerospace products. The Group aims to tap into the global market and attract more customers, focusing on the growing demand from emerging markets and SMEs. This marks a significant step in USPACE's efforts toward satellite mass production and commercialization, furthering its globalization strategy.

On July 25, 2024, coinciding with the first anniversary of the ASPACE Hong Kong Satellite Manufacturing Center, the Group revealed its competitively priced commercial optical satellites on its official website. These satellites, offering resolutions from 5 meters to 0.5 meters, are priced between USD35,000 and USD990,000. Notably, the high-resolution 0.5-meter satellite is available for USD990,000. Additionally, USPACE plans to offer a range of satellite components and application services, including separation seats, multi-satellite dispensers, and lightweight cameras with 0.5-meter resolution.

The Group believes that these new satellite products will enhance its participation in the global commercial aerospace market, boost brand recognition, expand its customer base, and increase market share.

The commercial optical satellite market is poised for substantial growth. Emerging technologies like the Internet of Things and artificial intelligence are driving the demand for satellite remote sensing data, communication services, and navigation and positioning. The introduction of competitively priced commercial optical satellites is expected to lower entry barriers for various satellite applications, unlocking market potential and creating significant commercial value.

In July 2023, USPACE completed the construction of its 20,000-square-meter ASPACE Hong Kong Satellite Manufacturing Center, the first of its kind in the city. The center can develop multiple satellite types, including communication, navigation, remote sensing, and radar satellites ranging from 10 kilograms to 1,000 kilograms, with an annual production capacity of 500 satellites.

USPACE continues to advance its globalization strategy, working towards building a comprehensive aerospace ecosystem while innovating and developing core satellite products.

Related Links
USPACE Technology Group
Space Technology News - Applications and Research

Subscribe Free To Our Daily Newsletters
Tweet

RELATED CONTENT
The following news reports may link to other Space Media Network websites.
TECH SPACE
Astroscale UK Wins Contract for Final Phase of ELSA-M Demonstration
London, UK (SPX) Jul 23, 2024
Astroscale Ltd ("Astroscale UK"), a subsidiary of Astroscale Holdings Inc. ("Astroscale"), has secured EUR 13.95 million (approximately USD 15 million or GBP 11.78 million) from the UK Space Agency and the European Space Agency ("ESA") for the final phase of the End-of-Life by Astroscale-Multiple (ELSA-M) in-orbit demonstration. The funding follows a contract with Eutelsat OneWeb as part of the Sunrise Partnership Project, a public-private collaboration between ESA and the Eutelsat Group. Th ... read more

TECH SPACE
North Korea mobilises military helicopters for flood rescue

Countries must collaborate on migration amid escalating climate crisis

Ethiopia PM visits village hit by deadly landslide

Hopes fade for more survivors in Indian landslide rescue

TECH SPACE
oneNav's Advanced L5 Technology Mitigates GPS Jamming in Israel

China plans to launch pilot cities to showcase BeiDou applications

NextNav Receives DOT Award to Enhance PNT Services as GPS Backup

Lebanon says Israeli GPS jamming confounding ground, air traffic

TECH SPACE
Iraqi churches denounce Olympics opening ceremony scene

Ancient Human Migration Routes Through Southeast Indonesia Unveiled

Tense talks as UNESCO mulls Heritage sites at risk

Evidence Points to Human Butchery of Giant Armadillo Relatives in Argentina 21,000 Years Ago

TECH SPACE
Endangered gazelles find Libyan 'safe haven'

Nigeria unveils elephant sculpture to highlight illegal tusk trade

Gunfire, bombs as Colombia guerrillas flex muscles ahead of COP16

Colombia orchid sanctuary collects and clones endangered species

TECH SPACE
'Hong Kong's Dr Fauci' sounds alarm on next pandemic

Polio virus found as flies and mosquitoes feast on Gaza's waste

Decade since Ebola, Sierra Leone fights another deadly fever

Decade since Ebola, Sierra Leone fights another deadly fever

TECH SPACE
China sanctions US lawmaker over Tibet 'interference'

Singapore orders self-exiled China tycoon's social media accounts blocked

Ex-WSJ reporter says fired over role in Hong Kong press union

China making youth unemployment a 'top priority'

TECH SPACE
UN warns Iraq becoming major regional drug conduit

Guns n' ganja: Weapons flood Catalonia's cannabis trade

Spain, France bust million-euro-a-day money laundering network

China cracks down on money-changing syndicates in Macau

TECH SPACE
Subscribe Free To Our Daily Newsletters




The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.