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Hong Kong Aerospace and Technology Group and Intelli Global Corporation Ltd signed a comprehensive strategic partnership agreement for "Golden Bauhinia" commercial satellite

Aug 14, 2020

Hong Kong Aerospace and Technology Group ("HKATG") and Intelli Global Corporation Ltd. ("IGC") jointly announced that both companies entered into a comprehensive strategic partnership agreement, based on respective technological strengths and business network in promoting the "Golden Bauhinia" commercial satellite systems.

Under this agreement, HKATG authorized IGC to resell and bundle its smart city solutions with the satellite data derived from the "Golden Bauhinia" for regions including the Guangdong-Hong Kong-Macau Greater Bay Area, other cities in China and overseas countries. The agreement also includes cooperation in the areas of aerospace industry supply chain, constellation design and planning, satellite manufacturing and international aerospace collaborations etc. Through this partnership, both parties shall utilise their respective resources to jointly promote the development of the commercial satellite industry and its big data applications, in driving the further development of the Greater Bay Area into a smart city cluster. At the same time, both parties will jointly expand their business globally.