Friday, September 23, 2022

mu Space and Spacebelt Have Signed an MOU

Satellite manufacturer and service provider mu Space Corp and space-based service with secure cloud data storage provider, SpaceBelt have agreed a Memorandum of Understanding entered on the 16 of August 2022. Both parties firmly believe they can bring their own expertise to the project in order for it to succeed and benefit from the collaboration, with plans to have a commercial agreement towards the latter half of 2023. mu Space, founded in 2017, is a fast-growing and leading aerospace manufacturer in Southeast Asia, with aims to better the lives of people in their region by producing High-Powered cube or small satellites with a high quality and efficient power system.

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SpaceBelt Pte. Ltd. was established in 2020, Singapore, with headquarters in the US under the name, Cloud Constellation Corporation. The vision of SpaceBelt is to offer customer total autonomy of data in space with highly secure protection whether the data is in motion or at rest. SpaceBelt Data Security As A Service (DSaaS) is a unique space architecture that build on SpaceBelt’s own filed patent and it enables global connection without touching on any terrestrial networks regardless where the customer is.

The Memorandum of Understanding that was signed, will see mu Space take charge of providing missions developments, constellation concept development and demonstration mission services. On top of that mu Space will also supply services, small satellites, additional services on launch report and case service supervision.

mu Space revealed its satellite production, the mu-B200, towards the end of last year at their facility. SpaceBelt will be the first customer to utilize mu Space’s bus system, which promises to be high-powered and unique in its own way when compared to others in the market. Committed to using cutting-edge technology, mu Space, at this moment, is able to produce 10 satellites a year at their mu Space Factory 1 with an expansion plan that will see the number move to 100 satellites per year. The research and development put into the production of the satellite aims to improve its communication traits. With later versions of the satellite driving to attain high-power and communication capabilities. The two parties’ alignment in the concept of space IDC and SpaceBelt’s DSaaS was an integral part of the deal.

mu Space CEO and CTO, James Yenbemroong states:
“We are excited to work with SpaceBelt and appreciate their commitment and trust in our technology. We believe our high-powered satellites and unique bus system will be prominent in the global market in the near future. I would also like to thank the mu Space team for working tirelessly to achieve the success we have had with our satellite production.”

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