Mongolia Enters Global Space Industry with Cubesat Launch

Via Capacity Media, a report on Mongolia’s entrance into the global space race:

Mongolia has entered the global space industry with the launch of its first satellites

The news marks the deployment of two low-earth-orbit nano satellites that launched into space aboard Space-X’s Falcon-9 rocket from its Vandenberg Space Force Base launch site in California.

The Cubesat satellites, named Ondosat-Owl-1 and Ondosat-Owl-2, were built by Ondo Space, a Mongolian satellite provider and completed space environmental testing at the Kyushu Institute of Technology in Japan.

“Mongolia’s historic achievement in sending a man to space in 1981 laid the foundation for today’s momentous occasion, showcasing the swift advancement of our domestic space endeavours,” said Prime Minister of Mongolia, Luvsannamsrain Oyun-Erdene.

“This milestone marks just the beginning of our journey towards cultivating a vibrant domestic space industry. With a meticulously crafted policy framework, Mongolia aspires to emerge as a leading global centre for space technology innovation and research.”

The Government of Mongolia also confirmed plans to establish a space sandbox to support the continued growth of the domestic space sector.

The new framework will provide regulatory and policy support for companies to conduct testing and R&D in Mongolia.

The dual satellite network and space sandbox will help position Mongolia as an investment and research location for companies across the space and technology sectors.

“Mongolia presents immense potential for businesses in this dynamic and rapidly expanding sector. Introducing a regulatory sandbox within a comprehensive legislative framework aimed at facilitating the business landscape for cutting-edge technologies will ensure that the government actively fosters ongoing growth and innovation across key domains such as the space economy, artificial intelligence, IoT, and other emerging technologies,” said Uchral Nyam-Osor, Mongolia’s Minister of Digital Development and Communications.

“Leveraging its amicable relations with key stakeholders in the space economy, Mongolia also aims to cultivate its talent pool to strengthen its position in the global landscape.”

The Mongolian Government is also in discussions with SpaceX to potentially launch the first country’s first high-orbit national satellite, currently under construction by Thales Alenia Space

“We are thrilled to be part of this historic moment for the country as we launch our first ever Mongolian satellite into orbit,” added Anar Chinbaatar, founder and president at Ondo Space.

“This achievement is a testament to the hard work and dedication of our team, as well as the support of the Mongolian government in advancing our capabilities in space technology.”



This entry was posted on Thursday, March 7th, 2024 at 5:00 am and is filed under Mongolia.  You can follow any responses to this entry through the RSS 2.0 feed.  Both comments and pings are currently closed. 

Comments are closed.


ABOUT
WILDCATS AND BLACK SHEEP
Wildcats & Black Sheep is a personal interest blog dedicated to the identification and evaluation of maverick investment opportunities arising in frontier - and, what some may consider to be, “rogue” or “black sheep” - markets around the world.

Focusing primarily on The New Seven Sisters - the largely state owned petroleum companies from the emerging world that have become key players in the oil & gas industry as identified by Carola Hoyos, Chief Energy Correspondent for The Financial Times - but spanning other nascent opportunities around the globe that may hold potential in the years ahead, Wildcats & Black Sheep is a place for the adventurous to contemplate & evaluate the emerging markets of tomorrow.