Thaicom and China Great Wall Sign MoU on UAV and Space Technology Cooperation

Event Calendar Press Releases Thursday October 10, 2019 17:03
Bangkok--10 Oct--Thaicom

Thaicom Public Company Limited (THCOM) announced today that it has entered into a Memorandum of Understanding (MoU) with China Great Wall Industry Corporation (CGWIC)—China's leader in commercial launch services, satellite systems, and space technology cooperation.

The companies will cooperate in the area of application development for Unmanned Aerial Vehicles (UAV) and BeiDou—China's proprietary Global Navigation Satellite System (BDS). The deal is part of Thaicom's ambition to diversify its business and enter the emerging next technology markets through the integration of space, air, ground and maritime networks.

Anant Kaewruamvongs, Chief Executive Officer Thaicom, commented: "China Great Wall is an important strategic partner for Thaicom. As we are defining our new vision and making inroads into new business areas, the next phase of our company and future growth is fueled by new partnerships and Thaicom's integrated next generation service platform."

Anant added: "With the fast growing number of connected devices, terrestrial networks alone cannot keep up with the dramatic growth in data traffic and requirement for everywhere connectivity in the digital age, where a vast number of emerging new markets and services need to be accommodated. Space and airborne communication infrastructures are the backbone of the smart connected solutions for the emerging digital ecosystem on the ground. Therefore, our next generation service platform seeks to integrate space, air, ground and maritime networks for agriculture, telecom and government services."

Liu Qiang, Chairman of the Board, China Great Wall Industry Corporation, said: "We are very excited to welcome Thaicom as a partner and support the company's future growth and entry into new digital service markets enabled by space and aerial technologies China Great Wall is known for. Satellite and aerial technologies enable smart applications and data analysis for these markets. China Great Wall's know-how and vast experience in space and aerial technologies including Unmanned Aerial Vehicles (UAV) makes us an ideal partner for Thaicom to grow their business further."

About THAICOM

Thaicom is a leading Asian satellite operator and end-to-end service provider of satellite enabled communications since 1991. Combining nearly 30 years of experience in providing cost-effective satellite communications with a presence in 10 countries in Asia-Pacific and deep local knowledge, Thaicom is a partner of choice for many of the region's leading broadcasters, telecom, corporate and government customers. Thaicom's video and data platforms offer a portfolio of integrated satellite communications that fuel the demand of these customers to connect and grow their markets in the digital era. Thaicom is a true innovator and satellite industry pioneer: with IPSTAR, Thaicom was the first operator in the world to develop and launch a High Throughput Satellite (HTS). Thaicom currently operates a fleet of 5 high performance satellites covering Asia, Oceania, and Africa. Visit www.thaicom.net.

About China Great Wall Industry Corporation

Established in 1980, China Great Wall Industry Corporation (CGWIC) is the sole commercial organization authorized by the Chinese government to provide commercial launch services, satellite systems and to carry out space technology cooperation. It is a subsidiary of China Aerospace Science and Technology Corporation (CASC).

As the professional company promoting international cooperation for China's space industry, CGWIC is devoted to the internationalized development of China's space industry. CGWIC has developed into a system integrator for space products and services. It can meet customers' multi-directional needs by providing comprehensive solutions for commercial launch services, satellite export, satellite ground tracking and control station construction, satellite applications, project financing, project insurance and technical training, etc. Through extensive international cooperation, CGWIC enjoys an excellent reputation in the international aerospace industry, the financial community and the insurance circle.

In addition, CGWIC is actively involved in the international marketing of civilian products and services utilizing space technology and provides high quality products and specialized services in diversified fields including satellite technology applications, green energy, information & electronic products, petroleum & petrochemical equipment, new materials, consulting services, consulting, exhibition, logistics, trade, engineering, tendering & bidding, supply chain services etc. Visit http://www.cgwic.com


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