Thailand’s mu Space is partnering with True Digital Park to establish a small satellite laboratory in Thailand and kick-start a New Space ecosystem in Southeast Asia.
Digital hub True Digital Park announced its partnership with satellite technology startup mu Space Corp. to operate a lab that will research and develop satellite and space technology.
True Digital Park, “aims to build an ecosystem that enables open innovation and collaboration between companies, startups, small and medium-sized enterprises, investors, universities, and the public sector,” explained True Digital Park President Thanasorn Jaidee in a statement. “This makes True Digital Park a true knowledge hub that drives digital innovation and enables the sustainable growth of the startup ecosystem in Thailand.”
James Yenbamroong, Chief Executive Officer and Founder of mu Space, said that his company plans to provide telecommunication services via satellite in Thailand and across the Asia-Pacific region. mu Space will operate a lab at the True Digital Park to develop space technology.
“We are doing this to support the implementation of the Thailand 4.0 economic policy to make the country a hub for technology and innovation in Southeast Asia,“ Yenbamroong added. “We believe that the innovation we develop will help to improve the quality of life and help create more sustainable cities in the future.”
True Digital Park offers four fully integrated spaces, including co-working space, enterprise space, innovation space, and events and business services space. Under construction with an expected finish date by the end of 2018, the digital park has an area of 77,000 square metres, making it the largest of its kind in Southeast Asia.
