GLOBAL ENGINE GROUP HLDG

Global Engine Group has signed a non-binding letter of intent with satellite technology provider Angkasa-X to develop a digital “Space-to-AI” infrastructure platform. The plan envisages integrating a LEO satellite network, global data infrastructure, cloud, blockchain and AI solutions, and expanding ICT services into underserved regions. Angkasa-X intends to contract Global Engine Group as the provider of edge data centers for ground stations in Malaysia and Indonesia; feasibility studies and a proof of concept are planned within three to six months. » More on de.investing.com

Global Engine Group has signed a non-binding memorandum of understanding with Angkasa-X to develop a digital platform that combines satellite communications, earth observation data, cloud infrastructure, blockchain and AI. GLE is to operate edge data centers for Angkasa-X ground stations in Malaysia and Indonesia; feasibility studies and a proof of concept are planned within three to six months. Angkasa-X plans two constellations (A-SEANLINK with up to 500 LEO satellites from 2027 and A-SEANSAT for earth observation); the collaboration is intended to help GLE expand in Southeast Asia, although the company currently faces financial challenges. » More on de.investing.com