New agreement is an expansion of Newtec’s activity in Asia and will enable further expansion into Chinese market
SINT-NIKLAAS, Belgium, 14 November 2016. Newtec, a specialist in designing, developing and manufacturing equipment and technologies for satellite communications, today announced it has entered into a strategic partnership with the 54th Research Institute of China Electronics Technology Group Corporation (CETC54) to strengthen its position in China and across Asia.
Under the agreement – which was signed earlier last month at Newtec’s headquarters in Belgium, in the presence of the European Space Agency (ESA) and the Belgian State Secretary for Science Policy Elke Sleurs – CETC54 will use Newtec technology in its newest VSAT systems in China.
In addition, Newtec will be able to source RF and antenna products, enabling the company to bring more elaborate ground segment solutions to the market.
“As a global player, our partnership with CETC54 is a logical expansion of the success we have already seen in Asia and will allow us to further expand, both in China and across Asia,” said Serge Van Herck on behalf of the Newtec Board of Directors. “The partnership is endorsed by our long-standing partner ESA, as well as the Belgian authorities, both of which have a long history of supporting industrial innovations which lead to the development of state-of-the-art products. We are confident that this partnership will do the same and enable us to provide our customers with even better Satcom solutions, wherever they are in the world.”
In addition to ESA and State Secretary Elke Sleurs, the contract signing was also witnessed and supported by the Counselor of the Chinese Embassy and the Executive Director of Flanders-China FCC.
Belgian State Secretary for Science Policy Elke Sleurs said: “I had the opportunity in June 2015 to participate in the State visit of the Belgian King to China. During this State visit, we signed a Memorandum of Understanding on the “Collaboration of Space Science, Technology and Applications” between our two countries. Today we have seen an example that answers the priorities put forward by our two countries. The signature of today's agreement between the China Electronics Technology Group Corporation and Newtec is another proof that the Belgian and ESA space policy and strategy do work.”
President of CETC54 Mr. Tu Tianjie said: “With demand for broadband continuing to grow, satellite communication has an important role to play both within and outside of China. Newtec has a track record of providing innovative and advanced technology which will enhance both our companies’ offering and enable our customers to take advantage of growing trends in the industry such as High Throughput Satellites.”
