26-05-2025
- Business
- New Straits Times
Growing Malaysia's downstream space sector
KUALA LUMPUR: The Malaysia Industry-Government Group for High Technology (MIGHT) is intensifying efforts to foster public-private collaboration and spur innovation in high-tech sectors.
President and chief executive officer Ts. Rushdi Abdul Rahim said aid MIGHT's enhanced role reflects a deeper focus on advancing national and regional synergy in key technology areas.
MIGHT is spotlighting fast-growing industries such as advanced air mobility, aerospace, space technology, and shipbuilding and ship repair. Acting as a policy enabler, it provides technical advice to ministries and facilitates collaborations between local and international players.
Key milestones include the formulation of the National Technology Policy, strategic aerospace frameworks, and flagship initiatives with partners from Türkiye, Indonesia, Qatar, and Japan.
MIGHT and its partners recently unveiled four major reports, including the Space Industry Development Programme Initiative, which charts a course for growing Malaysia's downstream space sector.
The agency also marked the launch of UzmaSAT-1, Malaysia's first Earth observation satellite by Uzma Berhad, and the AI-powered Uzma Digital Earth platform to support sectors like agriculture, disaster management, and national security.
Rushdi said MIGHT continues to support local firms with certification assistance, global market access strategies, and workforce development through TVET and related programmes.
However, he acknowledged ongoing hurdles, including coordination gaps, talent shortages, and the need to accelerate tech transfer and investor confidence.
"I call on all stakeholders to make technology a central pillar of national development. Malaysia has tremendous potential in high technology," he said.
MIGHT will remain a key force in driving, facilitating, and catalysing the national technology ecosystem, working to position Malaysia as an innovative, competitive, and future-ready player on the global stage, he said.
