Greenpro Capital Corp. Angkasa-X successfully launched its A-SEANSAT-PG1 ("PG1") satellite from the Vostochny Cosmodrome in Russia, marking its first significant step into the SpaceTech ecosystem. AngkasaX, the SpaceX of Asia, will provide LEO satellite-based Internet services in ASEAN, an area covering 680 million people.

Morgan Stanley estimates that the global space industry could generate revenue of more than $1 trillion or more in 2040, up from $350 billion, currently. Yet, the most significant short- and medium-term opportunities may come from satellite broadband Internet access. These services that are provided by AngkasaX.