25 October 2023, during the 7th Future Investment Initiative (FII), in the presence of over 6000 attending representatives, HE Khalid Al Faih, Minister of Investment, HE Mohammed Al-Tamimi, CEO of Saudi Space Agency, Eng. Saleh Khabti, Deputy Minister of Investment, Eng. Abdulrahman Al-Mazyad, Defense & Space Sector General Manager of MISA and other Saudi government officials jointly awarded the Space Industry Investment License to Mr. Sun Fengquan, Chairman and CEO of ASPACE Satellite Technology Limited (ASPACE).
ASPACE Satellite Technology Limited, as a subsidiary of Hong Kong Aerospace Technology Group, becomes the first space industry company in Saudi Arabia, the first company to obtain the Space Industry and Defense Investment License.
FII was proposed by HH Mohammed bin Salman, Saudi Crown Prince and chaired by the President of the Saudi Sovereign Wealth Fund - Public Investment Fund, with an aim to build a global communication and exchange platform, assess the direction of scientific and technological development, focus on human development, and explore future paths.
The Japan Aerospace Exploration Agency, or JAXA, on Sunday successfully launched the fifth H-3 rocket carrying the Michibiki No. 6 satellite for the Japanese version of the U.S. Global Positioning System.
A Long March-3B rocket carrying a test satellite for communication technology blasts off from the Xichang Satellite Launch Center in Southwest China's Sichuan province, Jan 23, 2025.
Astronauts are scheduled to venture outside the International Space Station to collect microbiological samples during crew spacewalks for the ISS External Microorganisms experiment. This investigation focuses on sampling at sites near life support system vents to examine whether the spacecraft releases microorganisms, how many, and how far they may travel.