Airbus Defence and Space SAS ("Airbus") and mu Space and Advanced Technology Co, Ltd ("mu Space") have entered into a Memorandum of Understanding (MoU) to collaborate on potential future Thailand small satellite missions. This MoU outlines the terms and conditions for their cooperation and the key principles that would govern their relationship for the establishment of the Project. Both parties consequently believe that their combined expertise can lead to successful collaboration in the field of advanced space technology.