USPACE and the EgSA Sign Strategic Partnership to Set Up Joint Aerospace Venture

August 15, 2024
|In News
|By Ayooluwa Adetola
Budget Report

Key highlights

  • USPACE Technology Group has signed a strategic partnership agreement with the Egyptian Space Agency concerning satellite manufacturing, testing, and launch education and training.
  • The partnership includes initiatives such as establishing centres for satellite manufacturing, payload design and manufacturing, component and precision manufacturing at the Egyptian Space City and an integrated satellite constellation for remote sensing and communication across Africa.
  • Both entities will set up a joint venture in Cairo, which will be one of the first commercialised aerospace companies in Egypt.

USPACE Technology Group announced on 15 August 2024 that it had signed a strategic partnership agreement with the Egyptian Space Agency for satellite manufacturing, testing, and launch education and training. This agreement greatly expands USPACE’s business presence in the fast-growing African space market as part of its globalisation strategy.

This collaboration covers several initiatives, including establishing satellite payload design, as well as component and precision manufacturing centres at the Egyptian Space City in Cairo. They will also establish an integrated satellite constellation for remote sensing and communication across Africa.

In addition, USPACE and the EgSA will set up a joint venture in Cairo, Egypt, which is intended to be one of the first commercialised aerospace companies in Egypt to increase USPACE’s presence in the African space industry. Furthermore, the partnership will establish comprehensive cooperation in space technology, encompassing design, programming, component and subsystem manufacturing, space payload development (electro-optical, radar, and communication), and satellite assembly, integration, and testing.

Under the Strategic Partnership Agreement, USPACE can leverage EgSA’s aerospace technologies, facilities, and infrastructures, including satellite manufacturing plants at the Egyptian Space City. This collaboration will also provide USPACE access to EgSA’s extensive network of governmental space agencies across Africa as the host of the African Space Agency. This will create new avenues for collaboration with other industry players and government agencies, further strengthening USPACE’s position in the African space industry.

This development follows USPACE and the EGSA’s non-legally binding strategic partnership agreement earlier in May 2024. The agreement aimed to foster strategic collaboration between both parties in various areas by focusing on both parties’ technological capabilities and market presence in satellite manufacturing and testing, satellite launch operations, and educational and training endeavours.