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Space Conference Boosts MOSTI's ASEAN Space Economy Initiative
Space Conference Boosts MOSTI's ASEAN Space Economy Initiative

Barnama

time23-05-2025

  • Business
  • Barnama

Space Conference Boosts MOSTI's ASEAN Space Economy Initiative

KUALA LUMPUR, May 23 (Bernama) -- The Space Conference, themed 'Space Economy Revolution: Trends, Technologies and Strategies', marks a significant milestone in advancing the Ministry of Science, Technology and Innovation's (MOSTI) ASEAN Space Economy initiative. This 'moonshot' programme aims to position space as a strategic new driver of the national economy. MOSTI deputy secretary-general (Technology Development) Datuk Dr Mohd Nor Azman Hassan said the initiative is expected to spur growth across various sectors, including education, agriculture, communications, transportation, and related services. 'These efforts are vital in enabling Malaysia's transition from being a user of space technology to becoming a developer and provider of such technologies,' he said in a statement yesterday, adding that regional and global collaboration will also be crucial to its success. The Space Conference brought together 150 participants, including senior officials from Southeast Asian space agencies, industry leaders, academics, government ministries and agencies, as well as international organisations. The event was officiated by Mohd Nor Azman. Held in conjunction with the Langkawi International Maritime and Aerospace Exhibition 2025 (LIMA'25), the conference featured five key themes: Emerging Global Space Economy; Strategic Policies and Global Cooperation; Talent, Education and Workforce for the Space Economy; Emerging Trends in the Space Economy; and Game-Changing Space Technologies. Mohd Nor Azman also witnessed the exchange of Letters of Intent (LoIs) between UZMA Berhad and Global Systemes Asia Sdn Bhd; SpaceIn Sdn Bhd and Global Systemes Asia Sdn Bhd; International Islamic University Malaysia (IIUM) and Ocullospace Sdn Bhd; Malaysian Space Agency (MYSA) and Iskandar Regional Development Authority (IRDA); and MYSA and Ocullospace Sdn Bhd. In the same statement, MYSA said the conference served as a strategic platform for space sector experts to address challenges at national, regional and international levels, while also facilitating the exchange of insights on key priorities. The conference also focused on streamlining actionable strategies, strengthening the capability and sustainability of space technologies, drafting key performance indicators (KPIs) for short-, medium-, and long-term goals, and expanding collaborative networks within the space science and technology ecosystem.

Malaysia Has Capacity To Capture Rapidly Evolving Space Economy Industry -- MOSTI
Malaysia Has Capacity To Capture Rapidly Evolving Space Economy Industry -- MOSTI

Barnama

time22-05-2025

  • Business
  • Barnama

Malaysia Has Capacity To Capture Rapidly Evolving Space Economy Industry -- MOSTI

By Zarul Effendi Razali LANGKAWI, May 22 (Bernama) -- Malaysia has the capacity to capture the rapidly evolving space economy industry, with the country's large local talent pool, ample resources, good infrastructure and technology. Ministry of Science, Technology and Innovation (MOSTI) deputy secretary-general (Technology Development) Datuk Dr Mohd Nor Azman Hassan said Malaysia's geography is very suitable for the country to play an important or significant portion of the space economy. 'If you want to launch a rocket launcher for satellites, Malaysia's equatorial location presents a huge advantage in terms of sustainable rocket launch, for example. 'Because when you launch it from the equatorial line of the globe, of the world, you essentially use less resources and fuel and also time that translates to more money and cost savings,' he told Bernama after delivering the opening speech at the Space Conference – Space Economy Revolution: Trends, Technologies And Strategies event today. The half-day conference was held on the sidelines of the Langkawi International Maritime and Aerospace (LIMA) 2025 exhibition and successfully gathered 150 participants, including senior officers from Southeast Asian space agencies, industry players, academia, ministries, departments and agencies, and international organisations. During the event, Mohd Nor Azman also witnessed the exchange of letters of intent (LOIs) between UZMA Bhd and Global Systemes Asia Sdn Bhd; SpaceIn Sdn Bhd and Global Systemes Asia Sdn Bhd; International Islamic University Malaysia (IIUM) and Ocullospace Sdn Bhd; the Malaysian Space Agency (MYSA) and Iskandar Regional Development Authority (IRDA); and MYSA and Ocullospace Sdn Bhd. The conference, organised by Global Exhibitions & Conferences Sdn Bhd (GEC) and supported by MYSA, served as a strategic platform, bringing together experts from the space sector to address challenges at the national, regional, and international levels, among others. Also present at the event were GEC strategy advisor Datuk Nonee Ashirin Mohd Radzi and MYSA director-general Datuk Azlikamil Napiah.

Malaysia has capacity to capture rapidly evolving space economy industry
Malaysia has capacity to capture rapidly evolving space economy industry

The Sun

time22-05-2025

  • Business
  • The Sun

Malaysia has capacity to capture rapidly evolving space economy industry

LANGKAWI: Malaysia has the capacity to capture the rapidly evolving space economy industry, with the country's large local talent pool, ample resources, good infrastructure and technology. Ministry of Science, Technology and Innovation (MOSTI) deputy secretary-general (Technology Development) Datuk Dr Mohd Nor Azman Hassan said Malaysia's geography is very suitable for the country to play an important or significant portion of the space economy. 'If you want to launch a rocket launcher for satellites, Malaysia's equatorial location presents a huge advantage in terms of sustainable rocket launch, for example. 'Because when you launch it from the equatorial line of the globe, of the world, you essentially use less resources and fuel and also time that translates to more money and cost savings,' he told Bernama after delivering the opening speech at the Space Conference – Space Economy Revolution: Trends, Technologies And Strategies event today. The half-day conference was held on the sidelines of the Langkawi International Maritime and Aerospace (LIMA) 2025 exhibition and successfully gathered 150 participants, including senior officers from Southeast Asian space agencies, industry players, academia, ministries, departments and agencies, and international organisations. During the event, Mohd Nor Azman also witnessed the exchange of letters of intent (LOIs) between UZMA Bhd and Global Systemes Asia Sdn Bhd; SpaceIn Sdn Bhd and Global Systemes Asia Sdn Bhd; International Islamic University Malaysia (IIUM) and Ocullospace Sdn Bhd; the Malaysian Space Agency (MYSA) and Iskandar Regional Development Authority (IRDA); and MYSA and Ocullospace Sdn Bhd. The conference, organised by Global Exhibitions & Conferences Sdn Bhd (GEC) and supported by MYSA, served as a strategic platform, bringing together experts from the space sector to address challenges at the national, regional, and international levels, among others. Also present at the event were GEC strategy advisor Datuk Nonee Ashirin Mohd Radzi and MYSA director-general Datuk Azlikamil Napiah.

Malaysia eyes key role in global space economy growth
Malaysia eyes key role in global space economy growth

The Sun

time22-05-2025

  • Business
  • The Sun

Malaysia eyes key role in global space economy growth

LANGKAWI: Malaysia has the capacity to capture the rapidly evolving space economy industry, with the country's large local talent pool, ample resources, good infrastructure and technology. Ministry of Science, Technology and Innovation (MOSTI) deputy secretary-general (Technology Development) Datuk Dr Mohd Nor Azman Hassan said Malaysia's geography is very suitable for the country to play an important or significant portion of the space economy. 'If you want to launch a rocket launcher for satellites, Malaysia's equatorial location presents a huge advantage in terms of sustainable rocket launch, for example. 'Because when you launch it from the equatorial line of the globe, of the world, you essentially use less resources and fuel and also time that translates to more money and cost savings,' he told Bernama after delivering the opening speech at the Space Conference – Space Economy Revolution: Trends, Technologies And Strategies event today. The half-day conference was held on the sidelines of the Langkawi International Maritime and Aerospace (LIMA) 2025 exhibition and successfully gathered 150 participants, including senior officers from Southeast Asian space agencies, industry players, academia, ministries, departments and agencies, and international organisations. During the event, Mohd Nor Azman also witnessed the exchange of letters of intent (LOIs) between UZMA Bhd and Global Systemes Asia Sdn Bhd; SpaceIn Sdn Bhd and Global Systemes Asia Sdn Bhd; International Islamic University Malaysia (IIUM) and Ocullospace Sdn Bhd; the Malaysian Space Agency (MYSA) and Iskandar Regional Development Authority (IRDA); and MYSA and Ocullospace Sdn Bhd. The conference, organised by Global Exhibitions & Conferences Sdn Bhd (GEC) and supported by MYSA, served as a strategic platform, bringing together experts from the space sector to address challenges at the national, regional, and international levels, among others. Also present at the event were GEC strategy advisor Datuk Nonee Ashirin Mohd Radzi and MYSA director-general Datuk Azlikamil Napiah.

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