Cryogenmash and Malaysian company Angkasa-X have announced the beginning of cooperation in space projects
The respective Memorandum of Understanding have been signed in JSC “Glavkosmos”.
FOTO: Exchange of agreements on cooperation, Doctor William Lim (ANGKASA-X) and Project Manager Iliya Boltenkov (PJSC “Cryogenmash”).
“This new cooperation confirms once again that the industrial assets of the Gazprombank Group are open to new partnerships and are ready to share their competencies and developments for the global stability of the world space industry,” said Tigran Khachaturov, Deputy Chairman of the Management Board of Gazprombank, being in charge of industrial assets of the Group.
In the nearest future, the parties will work together through the strategy for development and creation of key components of the space launch areas infrastructure.
“Cryogenmash” has a number of its own competitive technologies designed to manufacturing of the systems for filling with cryogenic products, and ensuring the temperature control, which are successfully used at space launch areas both in Russia and abroad. We see the considerable interest in construction of space infrastructure in ASEAN and are ready to work in the new geographical markets”, noted Dmitriy Kuznetsov.
“Cryogenic systems are one of the key components of the ground infrastructure. We know the international experience of Cryogenmash in this area and expect to mutually beneficial cooperation” – said Doctor William Lim, Co-Founder and Executive Director of the Group of Companies ANGKASA-X HOLDING corp.
PJSC “Cryogenmash” (a part of Gazprombank Group) is the Russian largest company in the production of air separation technologies and equipment, the supply of industrial gases, together with the development of comprehensive solutions for liquefied natural gas. Equipment manufactured by Cryogenmash produces about 70% of annual output of technical gases in Russia. During its history, the company has manufactured dozens of special systems for rocket launching facilities and rocket engine test benches in 8 countries of the world.
ANGKASAX INNOVATION SDN. BHD. - is a technological-social company, which consists of a group of companies, investing in research & development, IP creation, components sourcing and testing, assembly and manufacturing, launching and maintaining state-of-the-art Low-Earth-Orbit (LEO) satellites. Angkasa-X's mission is to provide satellite internet-connectivity to rural areas of ASEAN, where the standard ground fibre-optic network is bounded.