Singapore’s ST Electronics plans to launch its first commercial satellite in the fourth quarter of next year, the Business Times reported.
The company made this announcement at the Global Space and Technology Convention on Thursday while unveiling several partnerships with overseas satellite companies.
Called TeLEOS-1, the satellite will also be Singapore’s first commercial earth observation satellite, and is “in the final stage of development”, it said.
NOTE: Reuters has not verified this story and does not vouch for its accuracy. (Compiled by the Singapore Newsroom; Editing by Anand Basu)