July 10, 2018 – Sky and Space Global Ltd (SAS) has signed a MOU with China Great Wall Industry Corporation (CGWIC) to explore the provision of launch services to SAS. Under the terms of the MOU, SAS will assess whether CGWIC’s capabilities meet SAS’ technical and operational launch requirements and, if so, enter into formal contract negotiations for the provision of nano-satellite launch services. Signing agreements with numerous nano-satellite launch providers supports the SAS’s business strategy of hosting multiple satellite launches to establish the full Pearls constellation. In addition to this, SAS and CGWIC will explore the possibility of broader collaborative projects and commercial relationships by leveraging existing CGWIC partnerships and in turn expand the reach of the SAS network into the greater China region.