Event Details
Welcome to the April edition of SpaceBiz. In today's session, we explore the potential of applying Hong Kong's successful experience in aircraft leasing to the realm of space assets. Hong Kong, known for its dynamic business landscape, has successfully positioned itself as a financing centre for aircraft financing. Space is the final frontier and by extending this leasing model to space assets is a natural step for financing this fast-growing industry.
Technological advancement and increased private sector participation are driving demand for the use of satellite technology globally. Countries are keen to strengthen their Internet infrastructure to boost economic development, enhance access to education, healthcare and government services, especially in remote areas. Satellites can help by delivering high-speed Internet to places where terrestrial networks are not yet available, and they can connect IoT devices across vast distances, facilitating industries such as agriculture, logistics and environmental monitoring.
We know that launch costs are becoming more affordable thanks to SpaceX, but some satellites are being mass produced to be deployed as part of large satellite constellations, which means new advances in satellite production are making them lighter and more efficient. Satellites are transforming data-driven business because by enabling vast amount of critical data to be collected and analysed across vast distances.
During our session, we'll discuss the opportunities of space asset leasing. By leveraging Hong Kong's robust legal infrastructure, capital markets, and innovative mindset, we can establish a regional Space Finance centre. The objective is to facilitate global access to outer space by providing leasing and financing solutions for satellites and spacecraft assets, fostering innovation, and advancing space exploration.
Our aim is to be the leading provider of financial services for the space industry.
Date: 27 April 2024 (Saturday)
Time: 10:00am to 12:00pm HKT (GMT +8)
Location: N001, Lim Por Yen Lecture Theatre, G/F, Core N, The Hong Kong Polytechnic University
Format: In-person or Online
Language: English
Speaker: Prof. Dewey Yee, Professor of Practice (Aviation Management and Finance) of The Hong Kong Polytechnic University
Academic Commentator: Dr. Stephen Cheung, HKU Adjunct Professor and Honorary Chief Scientist at OASA
Mock Investor: Mr. Richard Ting, a Private Equity and Funds Specialist
Moderator: Mr. Perry Lam, Executive Chairman at OASA
Registration
Fees:
- Free for OASA Members
- Non-Member: HKD 280 to join in-person; HKD 100 for online attendance
