SINGAPORE is putting another S$60 million towards developing satellite technology, among other space industry moves – including a regional satellite imaging project – Singapore’s Office for Space Technology & Industry (OSTIn) announced on Wednesday (Feb 26). The funds, to be invested in the existing Space Technology Development Programme (STDP), will also be used to improve the capabilities of Singapore’s research and learning institutions and bolster the commercialisation of their research. Deputy Prime Minister and Trade and Industry Minister Gan Kim Yong said rapid technological advancements are accelerating the growth of the space industry – in particular, satellite deployments – while the demand for greater connectivity and mobility will propel the growth of space-based applications. https://www.businesstimes.com.sg/singapore/singapore-launches-regional-satellite-technology-plan-invests-another-s60-million-space-sector (ICE SINGAPORE)

Fonte notizia: The Business Times, 26 February 2025