On 25th July, Mr. Ping Teck Huat, CEO of Spacetime, along with his delegation visited LJDY.CEO Yang Zhiguo and Vice General Manager from LJDY held a conference with Mr. Ping Teck Huat and later on joined the cooperation signing ceremony of "Construction of Singapore CORS System and GNSS Application Service Cloud Platform".The target of this cooperation is aimed to integrate resources from both sides based on "the Belt and Road" strategy to promote technology and services related to satellite positioning and navigation in Singapore and Southeast Asia.
Both sides had a friendly discussion before the ceremony.Dr. Yang Zhiguo introduced the latest development in LJDY and presented a warm welcome on the cooperation with Spacetime.He said, the core of LJDY is satellite positioning and navigation technology. As LJDY is implementing the "Going-out" strategy for more overseas cooperation, LJDY hopes to have a good cooperation relationship with Spacetime to extend the cooperation space for mutual benefits and development.
Mr. Ping Teck Huat gave an introduction on Spacetime and its major business in Singapore. He also expressed his gratitude to Dr. Yang for his warm reception and his wishes that both sides take full advantage of resources to expand cooperation in satellite positioning and GIS service with Singapore as a platform to promote technology development in Southeast Asia.
On the ceremony, Dr. Yang and Mr. Ping signed a cooperation memo on "Construction of Singapore CORS System and GNSS Application Service Cloud Platform".According to the Agreement, LJDY and Spacetime will together establish a high-precision satellite continuously positioning service system in Singapore and 30 CORS base stations. Based on the current map data in Singapore, the position navigation service map will be improved. With GNSS/LBS application service cloud platform as basis, map and location information service will be provided to the government, enterprises, civil life and public management in Singapore.
Located in Singapore, Spacetime aims to achieve R&D and commercialization of global navigational satellite service and positioning service in Asia-Pacific region.Supported by Singapore Economic Development Board and GNSS & LBS Association of China (GLAC), Spacetime applied its specialty of metropolitan construction in transportation, retailing, finance, tourism and other fields and have provided professional technology to over 2000 GNSS and LBS companies.