Uzma Berhad and ReOrbit Oy Explore Partnership for Space Satellite Solutions

Kuala Lumpur, Malaysia – 28th June 2024: Uzma Berhad (“Uzma”), a leading Malaysian energy and technology solutions provider, and ReOrbit Oy, a pioneering space technology firm from Finland, have officially signed an Expression of Interest (EOI) to explore and develop collaborative efforts in space satellite solutions. The signing ceremony took place this evening, marking a significant milestone for both companies and their respective countries in advancing the space industry.

The event was graced by His Excellency Sami Leino, Ambassador of Finland to Malaysia and Brunei; Sethu Suvanam, CEO of ReOrbit Oy; Mohamed Farid Razali representing Business Finland; Mohd Zakwan Mohd Zabidi, Senior Vice President of Malaysian Industry-Government Group for High Technology (MiGHT); Uzma Management and Board Member.
Dato’ Kamarul Redzuan Muhamed, Group CEO of Uzma, stated, “Satellites and new space technologies are revolutionizing the way we connect, observe, and understand our world. This collaboration with ReOrbit marks a bold step forward in harnessing these advancements to drive innovation and growth in the space industry. Together, we aim to unlock new opportunities and create a sustainable future in the New Space Economy.”

Significance of the Collaboration
This signing represents the beginning of what aspires to be a long-term and fruitful partnership between Uzma and ReOrbit. The collaboration aims to leverage the strengths of both companies to develop innovative space satellite solutions, enhancing the space capabilities of Malaysia and Finland. This joint effort is seen as a crucial step towards advancing the space industry in Malaysia and the Southeast Asian region.

Uzma’s Commitment and Vision
Uzma, renowned for driving technological advancements, expressed confidence in the burgeoning space industry. Drawing from their successful experience with UzmaSAT-1, an award-winning Earth Observation satellite set to launch to orbit later this October via SpaceX Falcon 9, Uzma is poised to capitalize on the growing opportunities in the satellite segment. The advent of more vendors, cost-effective components, and advanced technologies has opened new avenues for the industry.

Highlighting their proactive approach to the New Space Economy, Uzma has earlier collaborated with a group of industry experts, including becoming an active member of MiGHT, to support its new business ventures, further solidifying their position as a key player in the space sector.

Partnership Goals
Uzma and ReOrbit’s collaboration will focus on not only launching a satellite but also on developing local capabilities in satellite assembly, integration, and testing. This partnership will leverage the expertise and experience of both companies, with strong support from the governments of Malaysia and Finland. The engagement thus far has been promising, igniting enthusiasm and a shared vision for success.

About Uzma Berhad:
Uzma Berhad is a leading energy and technology solutions provider in Malaysia, specializing in the development and advancement of innovative solutions in various sectors, especially in the Energy sector, and now including the space industry under the new business venture. With a commitment to excellence and a vision for the future, Uzma continues to spearhead technological advancements in Malaysia and beyond.

About ReOrbit Oy:
ReOrbit Oy is a Finland-based space technology company dedicated to provide Earth Observation and Satellite operators with the needed building blocks, such as flight software, satellite platforms, simulation software and developing cutting-edge satellite solutions. With a focus on innovation and collaboration, ReOrbit aims to create the most compelling in-space data flow company of the new space era by augmenting world’s information use via space.

For inquiries, please contact:
Group Communications – Uzma Berhad
Email: [email protected]
Tel: +603 7611 4000