mu Space and SpaceBelt
have signed an MOU and together developing the proof of
concept and constellation system for SpaceBelt's
Data-Security-as-a-Service.
Sept. 21, 2022
mu Space Corp and SpaceBelt have
agreed a Memorandum of Understanding entered on the 16
of August 2022. Both parties firmly believe they can
bring their own expertise to the project in order for it
to succeed and benefit from the collaboration, with
plans to have a commercial agreement towards the latter
half of 2023. mu Space, founded in 2017, is a
fast-growing and leading aerospace manufacturer in
Southeast Asia, with aims to better the lives of people
in their region by producing High-Powered cube or small
satellites with a high quality and efficient power
system.
SpaceBelt Pte. Ltd. was established
in 2020, Singapore, with headquarters in the US under
the name, Cloud Constellation Corporation. The vision of
SpaceBelt is to offer customer total autonomy of data in
space with highly secure protection whether the data is
in motion or at rest. SpaceBelt Data Security As A
Service (DSaaS) is a unique space architecture that
build on SpaceBelt's own filed patent and it enables
global connection without touching on any terrestrial
networks regardless where the customer is.
The Memorandum of Understanding
that was signed, will see mu Space take charge of
providing missions developments, constellation concept
development and demonstration mission services. On top
of that mu Space will also supply services, small
satellites, additional services on launch report and
case service supervision.
mu Space revealed its satellite
production, the mu-B200, towards the end of last year at
their facility. SpaceBelt will be the first customer to
utilize mu Space's bus system, which promises to be
high-powered and unique in its own way when compared to
others in the market. Committed to using cutting-edge
technology, mu Space, at this moment, is able to produce
10 satellites a year at their mu Space Factory 1 with an
expansion plan that will see the number move to 100
satellites per year. The research and development put
into the production of the satellite aims to improve its
communication traits. With later versions of the
satellite driving to attain high-power and communication
capabilities. The two parties' alignment in the concept
of space IDC and SpaceBelt's DSaaS was an integral part
of the deal.
mu Space CEO and CTO, James
Yenbemroong states:
"We are excited to work with SpaceBelt and appreciate
their commitment and trust in our technology. We believe
our high-powered satellites and unique bus system will
be prominent in the global market in the near future. I
would also like to thank the mu Space team for working
tirelessly to achieve the success we have had with our
satellite production."
The MOU allows SpaceBelt to
demonstrate the concept of Data Security as a Service
(DSaaS), development of the first generation SpaceBelt's
DSaaS constellation system and development of operations
to demonstrate missions.
SpaceBelt's Managing Director, Kok
Rie Ooi says:
"The collaboration is a win-win for SpaceBelt and mu
Space in term of both parties combining the technical
know-how for the design, build and operating
capabilities to bring new innovative secure data
communications and data cloud storage system to space. I
look forward of the successful partnership and the
launching of SpaceBelt's satellites in space and roll
out our DSaaS to the market."
Through this MOU both parties will
gain a partnership in a satellite mission, with mu Space
also gaining funds for demonstration missions and
synergy in working on the Space edge computing concept.
mu Space looks forward to a successful partnership with
SpaceBelt, and also to providing small satellites for
related missions. Together the two parties hope to make
a positive impact towards the space economy and also the
space industry as a whole.
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