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USPACE Technology Group’s First Test Satellite Manufactured for Brazil’s Alya Space Successfully Leaves the Production Line

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Marking a New Phase in Satellite Manufacturing and Departure from Production Line

Manufacturing Capabilities Gain International Recognition

HONG KONG, June 13, 2024 /PRNewswire/ — USPACE Technology Group Limited (“USPACE ” or “the Group”; Stock Code: 1725.HK) is pleased to announce that the Group’s first test satellite of Alya-1 Satellite Constellation for Brazil’s Alya Satélite e Produção de Fotografias Aéreas Limitada (“Alya Space“) successfully finished factory test and left the production line, which also represents inaugural satellite’s departure from production line of USPACE. This marks a significant milestone for USPACE as it evolves from pioneering research and development to full-scale production and departure from production line, laying a solid foundation for further expansion of its international aerospace business.

In October 2023, USPACE signed a US$675 million worth contract with Alya Space, with scope of services including manufacturing of 108 earth observation satellites for the Alya-1 Satellite Constellation. The test satellite’s departure from the production line represents the first test satellite of the Alya-1 Satellite Constellation to be verified and is specifically engineered for partial technical validation of its functionalities. Upon successful verification, the Group will proceed with the manufacturing of the remaining 108 satellites, underscoring the global acknowledgment of USPACE’s satellite manufacturing prowess and adherence to quality standards.

Alya Space has successfully registered the orbital frequency for its satellite constellation with the International Telecommunication Union (ITU), and the test satellite is scheduled for launch in the fourth quarter of 2024. Furthermore, the Group has supplied Alya Space with monitoring image data of the Amazon rainforest and will continue to provide long-term monitoring data for the Amazon region under the terms of the contract, thereby contributing to environmental conservation efforts.

USPACE’s globalization strategy continues to make significant strides, including active advancement in the construction of the Abu Dhabi Space Eco City in the United Arab Emirates. Based in Dubai and Hong Kong, China, the Group has signed a master procurement agreement with the Asia-Pacific Space Cooperation Organization (APSCO). The Group also plans for a dual listing in the Middle East. Additionally, the Group has added Nathan Whigham, a prominent investor and financial expert known for his involvement with SpaceX, and Shaikh Mohammed Maktoum Juma Al-Maktoum, a member of the Dubai royal family, to its board of directors.

Ms. Aila, Chairwoman of Alya Space said, “We are highly satisfied with the test satellite manufactured by USPACE and the data monitoring services it provides. The test satellite’s successful departure from production line marks a significant step forward in our satellite constellation project’s development.”

Mr. Sun Fengquan, Chairman and CEO of USPACE expressed, “We are pleased to collaborate with Alya Space to depart our first satellite from production line. We look forward to expanding our cooperation further and achieving mutual benefits.”

In 2023, USPACE successfully completed the construction of Hong Kong’s first satellite AIT centre of approximately 20,000 square metres. With a parallel development capability of satellite for communication, navigation, remote sensing and SAR, the AIT centre can produce up to 200 satellites per year ranging from 10 to 1,000 kilograms.

About USPACE Technology Group Limited (USPACE)
USPACE Technology Group Limited (USPACE) is Hong Kong’s first commercial aerospace enterprise focusing on satellite constellation engineering and precise satellite manufacturing. USPACE owns five technology centers and manufacturing bases, including a satellite manufacturing center, a space environmental monitoring center, a satellite telemetry, tracking and control center (TT&C), a center for satellite data application and a precise electronic manufacturing center. USPACE’s core business consists of several operations, including satellite constellation engineering, satellite data application, satellite design and manufacturing, satellite assembly and testing, satellite payload selection and specification, satellite TT&C service, printed circuit board assembly (PCBA) and electronic manufacturing, and the launch of satellites.

For further information, please visit https://www.uspace.com/

Photo – https://mma.prnewswire.com/media/2437589/USPACE_Technology_Group_Limited.jpg

View original content:https://www.prnewswire.co.uk/news-releases/uspace-technology-groups-first-test-satellite-manufactured-for-brazils-alya-space-successfully-leaves-the-production-line-302171534.html

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Singapore’s Sodion Energy Secures MWh Supply of US Developed Advanced Sodium-Ion Batteries from UNIGRID

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SINGAPORE, Jan. 13, 2025 /PRNewswire/ — Sodion Energy, a leading provider of sodium-ion batteries for e-mobility and integrated energy storage solutions in Southeast Asia, has secured a landmark agreement for an initial 10 MWh supply of advanced sodium-ion batteries developed by UNIGRID Inc., a California-based innovator in sodium-ion battery technology.

This collaboration strengthens Sodion Energy’s ability to address the region’s rising demand for affordable, eco-friendly, and high-performance battery solutions across mobility and energy storage sectors.

“Our collaboration with UNIGRID is a game-changer,” said Dr. CC Hang, Chairman of Sodion Energy. “These next-generation sodium-ion batteries will allow us to tackle key markets, starting with lead-acid battery replacements in e-mobility and extending into large-scale renewable energy projects and grid stabilization initiatives.”

Sodium-ion batteries offer distinct advantages, including cost-efficiency, enhanced safety, and the use of abundant raw materials, making them a sustainable choice for energy storage. With fast-charging capabilities and intrinsic non-flammability, they are exceptionally suited to Southeast Asia’s tropical climate and rapidly growing energy needs.

With a strategic focus on advanced battery technologies, Sodion Energy is poised to play a key role in driving Southeast Asia’s transition to cleaner, safer, and more sustainable energy solutions.

Website: https://sodione.com

Follow us on LinkedIn: Sodion Energy

About Sodion Energy

Headquartered in Singapore, Sodion Energy is an applications engineering leader driving the commercialization of Sodium-ion batteries across Southeast Asia. SE’s sodium-ion pack solutions are tailored to meet the diverse needs of industries such as mobility and energy storage, contributing to a more sustainable future.

View original content:https://www.prnewswire.com/apac/news-releases/singapores-sodion-energy-secures-mwh-supply-of-us-developed-advanced-sodium-ion-batteries-from-unigrid-302347661.html

SOURCE UNIGRID and Sodion Energy Pte. Ltd

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AirCheck Australia & New Zealand Renamed as RCS MEDIA MONITORS

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SYDNEY, Jan. 13, 2025 /PRNewswire/ — AirCheck, a leading provider of broadcast monitoring services in Australia and New Zealand is pleased to announce its renaming as RCS MEDIA MONITORS, effective immediately.

AirCheck monitors songs and commercials providing almost real time reporting tools for radio and television broadcasters, music media, record companies, advertising agencies and industry analysts.

This change reflects the company’s growth, expanded service offerings, and a strengthened focus on providing comprehensive media intelligence.

The new name, RCS MEDIA MONITORS, builds on the expertise of its parent company, RCS, to offer enhanced monitoring solutions. By integrating RCS’s global technology and resources, the company will provide clients with a broader range of tools for tracking and analysing media campaigns across a variety of platforms and markets.

“We’re excited to take this step forward,” said Philippe Generali, President and CEO of RCS Global. “The rebranding to RCS MEDIA MONITORS allows us to expand our reach and improve our services, giving clients access to deeper insights and a wider array of media monitoring tools. With RCS’s support, we can offer more robust data and solutions that cover not just broadcast, but also digital and emerging media channels.”

The name change signals the company’s commitment to evolving with the changing media landscape. With RCS MEDIA MONITORS, clients can expect the same reliable monitoring services they’ve trusted for over 20 years in Australia and 15 years in NZ.

www.rcsmediamonitors.com.au

About RCS MEDIA MONITORS

RCS MEDIA MONITORS (formerly AirCheck) is a leading provider of broadcast monitoring and media intelligence solutions in Australia, New Zealand and India. The company helps clients across industries optimise media strategies, measure performance, and gain insights from a wide range of traditional and digital media. RCS MEDIA MONITORS is part of RCS, a global leader in broadcast automation and media technology.

View original content to download multimedia:https://www.prnewswire.com/apac/news-releases/aircheck-australia–new-zealand-renamed-as-rcs-media-monitors-302347810.html

SOURCE RCS MEDIA MONITORS

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iM Global Partner mourns the passing of Philippe Uzan

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PARIS, Jan. 13, 2025 /PRNewswire/ — It is with deep sadness that iM Global Partner (iMGP) announces the passing, one month ago, of our dear friend and colleague, Philippe Uzan.

 

 

Philippe’s exceptional career in asset management spanned more than 30 years and is marked by remarkable achievements in the organizations for which he worked and deep contributions to the industry as a whole. His passing is a tremendous loss to all who knew and worked with him.

Philippe joined iM Global Partner in February 2020 as Deputy CEO and CIO Global Asset Management, responsible for overseeing our financial strategies and products and designing value-added investment solutions for our clients across Europe and the United States.

His expertise spanned all asset classes, and he had a deep understanding of markets and their impact on investors and their investment needs. He was an eloquent man who contributed a number of papers and articles to the media, always with the intention of educating and making financial concepts more relatable. He has left an indelible mark on our organization and on the broader industry.

Prior to joining iM Global Partner, Philippe was latterly Chief Investment Officer at Edmond De Rothschild Asset Management, where he worked for 11 years and where he led the portfolio management teams, optimizing the synergies between analysis and portfolio management. He previously spent three years as Research and Global Asset Allocation Director, where he developed the portfolio management and research teams and modernized investment processes and the product range.

Philippe began his career as an Equity Derivatives Trader at Société Générale and held roles at AGF Asset Management (now part of Allianz Global Investors) and Natixis AM.

Throughout his career, Philippe’s outstanding intelligence, humility, and collaborative spirit earned him the respect and admiration of his peers.

Philippe Couvrecelle, Founder and CEO of iM Global Partner, expressed his heartfelt condolences: “It was with infinite sadness and pain that I learned of Philippe’s passing from a devastating illness. I had known Philippe closely for almost 20 years, as we worked together for Natixis, Edmond de Rothschild and iMGP. I pay immense tribute to his humanity, his sense of humor, his brilliant intelligence and his presence, which I will deeply miss. We had shared so much and still had so much to do together. In his memory, we will continue our path forward with strength, success and intensity, always preserving our values and our company culture to which he was so attached.

We will all miss Philippe enormously at iM Global Partner. He will be remembered not only for his professional achievements but also for his warmth, generosity, kindness and his unwavering dedication to his colleagues and community. Our thoughts are with his wife and three children, his family, friends and loved ones during this difficult time.”

CONTACT: media@imgp.com

 

 

SOURCE iM Global Partner

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