Malaysia

MOSTI: Conference strengthens MOSTI’s ASEAN space economy Initiative

MOSTI has taken a bold step towards positioning space as a key economic sector through its ASEAN Space Economy initiative, underscored by the recent Space Conference held alongside LIMA 2025

Updated 1 year ago · Published on 23 May 2025 4:55PM

MOSTI: Conference strengthens MOSTI’s ASEAN space economy Initiative
The conference marks a “moonshot” effort to spur growth across diverse sectors, including education, agriculture, communications, transportation and services - May 23, 2025

THE Ministry of Science, Technology and Innovation (MOSTI) has advanced its ASEAN Space Economy initiative with the successful convening of the Space Conference 2025, themed “Space Economy Revolution: Trends, Technologies and Strategies.”

Held in conjunction with the Langkawi International Maritime and Aerospace Exhibition (LIMA’25), the conference marks a key milestone in what MOSTI describes as a “moonshot” effort to position space as a strategic new driver of the national and regional economy.

“This initiative is expected to spur growth across diverse sectors, including education, agriculture, communications, transportation and services,” said Datuk Dr Mohd Nor Azman Hassan, MOSTI’s Deputy Secretary-General (Technology Development), in a statement.

He added that Malaysia is committed to transitioning “from being a user of space technology to becoming a developer and provider,” with regional and international cooperation deemed essential to this evolution.

The event brought together 150 delegates, including senior officials from Southeast Asian space agencies, industry leaders, academic experts, and representatives from international organisations and government ministries.

The conference focused on five strategic themes: the Emerging Global Space Economy, Strategic Policies and Global Cooperation, Talent and Workforce Development, Emerging Trends in the Space Economy, and Game-Changing Space Technologies.

A number of key Letters of Intent (LoIs) were exchanged at the conference, witnessed by Dr Mohd Nor Azman. These included partnerships between UZMA Berhad and Global Systemes Asia Sdn Bhd,  SpaceIn Sdn Bhd and Global Systemes Asia Sdn Bhd, International Islamic University Malaysia (IIUM) and Ocullospace Sdn Bhd,  Malaysian Space Agency (MYSA), Iskandar Regional Development Authority (IRDA) and MYSA and Ocullospace Sdn Bhd.

Bernama cited, in a related statement, the Malaysian Space Agency (MYSA) highlighting the conference’s role as a strategic platform to address both national and international space sector challenges. It also facilitated knowledge sharing on sectoral priorities and collaborative strategy development.

Other objectives included strengthening technical capacity and the sustainability of space-related technologies, developing measurable performance indicators for short-, medium-, and long-term targets, and reinforcing collaborative networks within the regional space ecosystem.

MOSTI, through MYSA, is currently spearheading implementation of the National Space Policy 2030 (DAN2030), which underpins Malaysia’s long-term space strategy.

MYSA’s prominent involvement in the event reflects the government’s ongoing commitment to building capacity and resilience among key stakeholders in the national space sector. - May 23, 2025

Spotlight

Malaysia

PH: PAS-UMNO unity narrative an old political script that failed before

By Alfian Z.M. Tahir

Malaysia

MACC investigator defends land transfer findings in Guan Eng corruption trial

Malaysia

Guan Eng meets PM over greater monetary relief for MSMEs

By Ian McIntyre

Malaysia

Sentiments of Malay voters in Negeri and Johor cannot be compared – Aminuddin

Culture

Penang Museum officially ‘reopened’ after delicate touch-ups

By Ian McIntyre

Malaysia

Former minister, Idris Jala, diagnosed with stage three lung cancer

Malaysia

KBS studying possibility of Sepang replacing Bahrain as F1 host

Malaysia

PM rejects antisemitism claims, says Malaysia opposes Israel’s actions, not Jewish people

Malaysia

Anwar: Malaysia to keep engaging US over 10% tariff as trade talks continue

You may be interested

Malaysia

Court orders police to probe foreign management institute

Malaysia

KBS studying possibility of Sepang replacing Bahrain as F1 host

Malaysia

UMNO pushes back against Hamzah’s ‘PBN’ proposal, says BN-PN cooperation is not a new coalition

Malaysia

Najib marks 73rd birthday as legal battles continue from behind prison walls

Malaysia

Yayasan Peneraju aims to develop 100,000 Bumiputera talents by 2030

Malaysia

Police smash illegal crypto mining ring, arrest three over electricity theft

Malaysia

Form four student killed after car crosses into opposite lane in Setiu crash

Malaysia

Woman, two teenagers performing ‘Superman’ stunts on their motorcycles charged (video)