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Hong Kong Aerospace Technology Group Limited ( (HK:1725) ) has provided an announcement.
USPACE Technology Group Limited has announced the establishment of an Artificial Intelligence Satellite Application Technology Centre in Shenzhen by its subsidiary Gang Hang Ke. This strategic move aims to enhance the company’s aerospace business by integrating advanced AI technologies with satellite operations, focusing on intelligent decision-making, autonomous satellite operations, and developing AI systems for satellite clusters. The initiative is expected to broaden market prospects in the commercial space sector, leveraging the company’s expertise from its ‘Golden Bauhinia’ satellite projects.
The most recent analyst rating on (HK:1725) stock is a Hold with a HK$1.00 price target. To see the full list of analyst forecasts on Hong Kong Aerospace Technology Group Limited stock, see the HK:1725 Stock Forecast page.
More about Hong Kong Aerospace Technology Group Limited
USPACE Technology Group Limited, through its subsidiary Gang Hang Ke (Shenzhen) Space Technology Co., Ltd., operates in the aerospace industry focusing on research and development, sales, and services related to aerospace technology and satellite applications. The company has successfully launched 12 ‘Golden Bauhinia’ satellites and developed 100 remote sensing CubeSats, supporting various applications such as agricultural monitoring, environmental protection, transportation, and smart city development.
Average Trading Volume: 8,478,225
Technical Sentiment Signal: Hold
Current Market Cap: HK$592M
Find detailed analytics on 1725 stock on TipRanks’ Stock Analysis page.