Hong Kong Aerospace Technology Group CEO: We expect a global market for our new satellite manufacturing capacity

by Peter B. de Selding

TUPPER LAKE, NY — Hong Kong Aerospace Technology Group believes that a Hong Kong-based, publicly traded company with a British Virgin Islands-based minority shareholder will be able to attract a global customer set for the manufacturing of up to 200 satellites per year at its new production facility.

The goal: Use mass production to be able to build satellites for 30% less than Chinese or European manufacturers.

The 200,000-foot Advanced Manufacturing Centre (AMC) was inaugurated on July 24. The remarkably . . .

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