Satellite maker Uspace pivots to AI applications at new tech centre in Shenzhen


A unit of Uspace, Gang Hang Ke, will spearhead the centre’s establishment, the company said in a filing with the Hong Kong stock exchange on Monday evening.

It said the new facility will focus on intelligent decision-making for satellite remote sensing data as well as AI-based satellite data processing and analysis to drive satellite-ground computing synergy, among others.

Gang Hang Ke was described by Uspace as a hi-tech enterprise focused on the integration of research and development as well as sales and services.

Uspace – previously known as Hong Kong Aerospace Technology Group, the first satellite manufacturer based in the city – developed and launched 12 satellites in 2021, as part of its “Golden Bauhinia Constellation” project.
The company’s latest initiative reflects its efforts to operate a network of more than 100 Golden Bauhinia satellites above the Greater Bay Area. It is expected to produce and launch the project’s remaining satellites before 2026.
Uspace Technology Group executives last month marked the relocation of its headquarters from Hong Kong to Guangzhou. Photo: Handout
Uspace Technology Group executives last month marked the relocation of its headquarters from Hong Kong to Guangzhou. Photo: Handout
  • Related Posts

    China’s Top Numerical Control rides investor fervour for aerospace to 80% IPO gain

    Shares of Chinese aviation and aerospace parts supplier Shanghai Top Numerical Control Technology ended 80 per cent higher on its debut in Hong Kong on Wednesday, as investors continue to…

    Continue reading
    China’s private equity activity picks up as investors focus on tech and AI opportunities

    “In the last 12 to 18 months … we are seeing a lot more [private equity fundraising activities], but I would say it’s very selective” compared with the previous cycle,…

    Continue reading

    Leave a Reply

    Your email address will not be published. Required fields are marked *