HKATG and CGWIC signed a
strategic partnership cooperation agreement
June 30, 2020
In the 21st century, the rapid
development of international commercial space industry
is recognized as one of the most innovative and
explosive industries. As the first commercial
organization member of the International Astronautical
Federation (IAF) in Hong Kong, the Hong Kong Aerospace
Technology Group, Ltd. (HKATG) is committed to launching
the "Golden Bauhinia" low-orbit satellite constellation
as the industry core, focusing on the layout of regional
space satellite big data services, building space
industry infrastructure, serving regional aerospace
commercialization needs, promoting marketization of
space technology, and making up for regional commercial
gap in the space industry of the Greater Bay Area.
Recently, based on the principle of
equality and mutual benefit, HKATG has signed a
strategic partnership cooperation agreement with China
Great Wall Industry Corporation (CGWIC). CGWIC is the
only commercial organization authorized by the Chinese
government to operate commercial launches, provide
satellites and carry out international space technology
cooperation, while providing professional personnel
training and other aerospace system integration services
as well as carrying out international operations and
professional services for aerospace technology
application products.
The cooperation includes joint
development of the Golden Bauhinia constellation system
design, satellite design, research and development,
testing, launch and in-orbit delivery. HKATG will
purchase the Golden Bauhinia series of low-orbit
satellite systems, supporting ground facilities and
related services from CGWIC. In addition, the two sides
will conduct in-depth cooperation in commercial deep
space exploration, data application services and product
promotion, space talent training and capacity-building,
etc. This cooperation is an important milestone for
HKATG to pioneer international commercial satellite
business, and it will use its strategic partner's
commercial space channels and international advantages
to jointly develop the extremely high-end market, laying
a solid foundation for HKATG to become an advanced
international space enterprise.
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