True Digital Park, dubbed to become Southeast Asia’s largest digital hub, announced its partnership with satellite technology startup mu Space Corp to operate a lab that will research and develop satellite and space technology.
Thanasorn Jaidee, president of True Digital Park, said that they aim to build an ecosystem that enables open innovation and collaboration between companies, startups, small and medium-sized enterprises, investors, universities and the public sector. This, he said, makes True Digital Park a true knowledge hub that drives digital innovation and enables the sustainable growth of the startup ecosystem in Thailand.
According to mu Space’s CEO and founder James Yenbamroong, his company plans to provide telecommunication services via satellite in Thailand and across the Asia-Pacific region. He said mu Space will operate a lab at the True Digital Park to develop space technology to advance food security, clothing innovation, energy consumption, communications, medicine, and agriculture.
“We are doing this to support the implementation of the Thailand 4.0 economic policy to make the country a hub for technology and innovation in Southeast Asia. We believe that the innovation we develop will help to improve the quality of life and help create more sustainable cities in the future,” James added.
True Digital Park provides four fully integrated spaces, including co-working space, enterprise space, innovation space, and events and business services space. It is under construction at Sukhumvit 101 and expected to be completed by the end of 2018. The digital park has an area of 77,000 sqm, making it the largest of its kind in Southeast Asia.