Hong Kong Aerospace Technology, known as the "Hong Kong version of SpaceX", set up its first satellite manufacturing center in Hong Kong. It is expected that the first satellite will be completed early next year.

According to the Hong Kong Sing Tao Daily, the ASPACE Hong Kong Satellite Manufacturing Center, a subsidiary of Hong Kong Aerospace Technology, is located in the Tseung Kwan Australia Science Park.It can produce commercial satellite products with more than 200 to 1,000 kg of magnitude of 200 kg a year, including communication, navigation, radar, optical and carbon detection and other satellites.

The co -chairman of Hong Kong Aerospace Science and Technology and Chief Executive Officer Wen Yichuan said that the center is currently the most advanced in Asia. "In the last three to five years, the most advanced smart satellite manufacturing center may be. "

Wen Yichuan pointed out that the average annual demand for global artificial satellites has reached more than 30,000, but the current global capacity is only 6,000 to 8,000, which is far from short supply.It is expected to reach US $ 30 billion (about S $ 39.7 billion) in 2027.

He said that the center has received 15 manufacturing orders, all of which are commercial civilian. It is expected that more orders will be received this year, and the first artificial satellite is expected to be completed early next year.He continued that these satellites were mainly used to monitor the environment of the earth, such as weather forecasting, providing agriculture, industry, water conservancy, ocean, land and other information.

For the advantages of the establishment of the headquarters in Hong Kong, Wen Yichuan said that Hong Kong is an independent customs zone, and the customs clearance speed is also efficient. It is conducive to purchasing components in the world and reduced manufacturing and service costs by more than 20%.

At present, Hong Kong Aerospace Technology has been in contact with more than 40 countries to discuss cooperation space. For Sino -US relations, Shi Wei, chief scientist and chief strategic officer of Aspace, said that the company is based on Hong Kong and its positioning is facing international.In terms of development, an open and transparent system will be adopted, and the local policies and regulations will be complied with the confidence.

Hu Mingyuan, vice president of Hong Kong Aerospace Science and Technology, added that the company developed according to the technical needs of individual markets. "We will not care about which country is (partner)."To build a network or provide satellite radar for developed areas, they can participate in cooperation.