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Malaysian Earth Observation Satellite Program offers business opportunities

Earth-Observation-Systems space-economy Space-Technology Satellite Remote-sensing
Senior Advisor
Mohamed Farid
+60 139 868 210
mohamed.farid@businessfinland.fi
In line with the Malaysian National Space Policy 2030, the Ministry of Science, Technology, and Innovation (MOSTI) and the Malaysian Space Agency (MYSA) will implement a National Earth Observation Satellite Development Program.

The National Earth Observation Satellite Development Program will strengthen the capacity and capability of the Malaysian space sector.

The program will create opportunities for Public Private Partnership (PPP) initiatives in empowering the space ecosystem to be more competitive in order to contribute to Malaysia's economic growth. It will include technology identification, strategic partnerships, training, technology transfer, and the operation and control of satellite missions.

The program will develop a remote sensing satellite (worth an estimated MYR 110 million / EUR 23 million) as it seeks to reduce both costs and reliance on foreign technology in satellite imagery. The intention is to develop a 0.5 meter high resolution remote sensing satellite, weighing between 50 kg and 60 kg.

A Request for Information (RFI) has been issued for the development of Malaysia's earth observation satellite. A Request for Proposal (RFP) will follow at the end of 2021.

Malaysia currently invests MYR 20 million / EUR 4 million per annum on foreign satellite image subscription and data services. The National Space Policy 2020 expects that the Malaysian aerospace sector will be a strategic contributor to the country's sovereignty and competitiveness with a mission to develop the country's capabilities in the aerospace sector.