16 July 2024, USPACE signed a Comprehensive Strategic Cooperation Agreement with the Brazilian Space Startup Alliance, composed of 13 companies, opening a new chapter for USPACE to develop its business in Brazil and South America.
The Brazilian Space Startup Alliance was co-founded by 13 Brazilian space companies, including two cooperative companies and 11 independent South American space agencies and experts. It is the largest enterprise organisation for space alliances in South America. ASB's business scope includes rocket manufacturing, satellite manufacturing, satellite TT&C, ground station construction, equipment manufacturing, software development, wind energy, electric energy, drones, and space education.
Under the comprehensive strategic partnership agreement, USPACE and the Brazilian Space Startup Alliance are set to embark on a journey of cooperation and shared success in space fields such as satellite manufacturing, satellite payloads, satellite components, satellite launches, satellite data applications, satellite TT&C, and satellite constellation.
This comprehensive strategic cooperation empowers USPACE to develop further the space market in South America, Latin America, and the Caribbean. It will also leverage space technology to foster the growth of the space industry in South America.
On 6 September 2024, His Excellency Bandar Alkhorayef, Minister of Industry and Mineral Resources of Saudi Arabia, and his delegation paid a visit to USPACE Technology Group Limited (USPACE). The delegation learned about the overall progress of USPACE business and visited in detail the satellite manufacturing center, satellite operation center, and data application center.
On September 3, 2024, at the invitation of Dr Sherif, Chair of the United Nations Committee on the Peaceful Uses of Outer Space and Director General of the Egyptian Space Agency, Mr. Sun Fengquan, Chairman and CEO of USPACE, attended the New Space Horizons Conference 2024 as an important guest.
On August 30, 2024, USPACE Technology Group Limited (USPACE) and Zijing International Energy (HK) Company Limited (Zijing International) signed a Memorandum of Cooperation for the development of the Abu Dhabi Space Eco-City Green Energy Project. According to the memorandum, both parties will fully leverage Intercontinental Aerospace's platform resources to jointly develop photovoltaic projects in the Abu Dhabi region and the green energy project within the Abu Dhabi Space Eco-City. USPACE will be responsible for liaising with local government authorities, completing the necessary approval processes, and conducting global market engagement and expansion. Zijing International will participate in the investment of green energy projects, provide comprehensive consulting services, and offer engineering and construction services for subsequent projects.