Swedish Space Corporation (SSC) and Geo-Insights (GI) have signed a memorandum of understanding (MoU) for collaborative activities regarding satellite ground station services for the Asia-Pacific (APAC) market to expand their businesses in the region.

The agreement will provide new possibilities for SSC and GI to serve their existing and future customers in APAC, currently the fastest growing space market across the globe. The partners will co-operate to expand satellite ground systems and services in the region by sharing capacity and competence. 

GI is a joint venture company formed between DSO National Laboratories and ST Engineering Electronics.  Leveraging on the strengths of its parent companies, GI offers geospatial analytics and value-added services based on satellite imagery data to address growing global demands for timely insights, and SSC is a premier supplier of ground stations and satellite operation services globally.

Stefan Gardefjord, CEO at SSC, indicated this is an important step for SSC that goes hand in hand with the firm's overall objective to strengthen its presence and expand activities across the Asia-Pacific region, including Australia and New Zealand. SSC welcomes the co-operation with GI to serve this important market.