Where Minds Meet to Launch Space Economy Association Off the Ground

Spacebiz in Hong Kong - a golden opportunity for Professional Services and STEM

HONG KONG SAR - Media OutReach Newswire - 29 June 2026 - Space Economy Association (Hong Kong) Ltd, or "SEA", officially formed in the midst of the space economy boom. It is an independent membership-based non-government organisation dedicated to connecting and facilitating space-related industries, businesses, investors, educators, experts, and governments worldwide in their pursuit for businesses and technology in commercial space. SEA helps establish Hong Kong as a super-connector hub in the international space ecosystem by capitalising on our professional services, led by finance.

The new renaissance is in the space economy. The US$630 billion global space economy is set to triple to US$1.8 trillion^[1] by 2035. With launch costs dropping 10-fold in the last 20 years, private and public sectors will soar with all humanity set to benefit. Space economy is ubiquitous and creating value beyond rocketry and satellites, everyone will flourish as the space economy grows 9% per annum. China is the world's second largest player in space, highlighting it as one of the four emerging strategic industries in its 15th National Five-Year Plan. Its commercial space sector has already launched 81 rockets and 336 satellites into orbit, with over 100 space start-ups and companies raising around US$6.5 billion. Hong Kong, as a key international financial centre practicing Common Law with international arbitration system and robust insurance, data and intellectual property protection capabilities, uniquely stands to serve China and other countries to pursue capital, business, technology and talent in commercial space.

"From Hong Kong's perspective, the NewSpace economy is not simply about rockets or satellites; it is about the commercial possibilities they create for our professional services community. As the nation advances its aerospace ambitions, Hong Kong's strengths in finance, insurance, law and related fields equip the city to support activities ranging from project financing and initial public offerings to risk management and crossborder transactions. Our bankers, insurers, accountants and lawyers are ideally positioned to help turn space initiatives into viable enterprises — and to participate directly in the value they generate." said the Honourable Bernard Charnwut Chan, GBM, GBS, JP. Patron of SEA.

"Hong Kong's top-class professional services would facilitate the processes from research and innovation to startup, scale-up and successful space business. Besides a hub for IPOs, Hong Kong offers funding from seed and angel, to private equity, venture capital, mergers and acquisitions, in debt, equity, and lease financing. This space economy would contribute plentiful job and business opportunities to become a key pillar of Hong Kong in terms of economy and quality opportunities for our young generation," said Professor Richard Leung, Chairman of SEA. "SEA's global network of partners grows beyond Asia, North America and Europe to include the UNOOSA ecosystem. SEA is a platform that empowers astropreneurs to launch towards humanity's collective space dream."

SEA is governed by a Board of 19 members and supported by nine committees. SEA is also strongly supported by a Patron and five Fellows who share the vision to position Hong Kong as a leading hub in the international space economy. The Honourable Bernard Charnwut Chan, GBM, GBS, JP is SEA's Patron with Fellows Dr. Anthony Neoh, KC, SC, JP, Chairman, Asian Academy of International Law, Prof. Jin-Guang Teng, BBS, JP, President, The Hong Kong Polytechnic University, Mr. Jimmy Tsang, General Manager, Goldlion, Mr. Roger Tong, Chief Executive Officer, AsiaSat, and Prof. Gregg Li, Adjunct Professor at the Laboratory for Space Research, The University of Hong Kong.

As this new economy requires education first, SEA began as the Orion Astropreneur Space Academy or OASA, with an aim to herald and teach this new economy. OASA was formed in 2020 to accelerate the awakening of young executives and professionals through action-learning and Artificial Intelligence, preparing them for the NewSpace economy. OASA has made important strides in advancing NewSpace awareness, talent development, and ecosystem building. It has engaged more than 200,000 visits, worked with over 50 partner organisations, and organised more than 60 courses and activities. As OASA evolves into SEA, the OASA remains the brand for school development programmes and youth-focused education.

SEA membership is a community of 100 co-founders, 150+ active members, 250+ student members, and 40+ industry partners shaping the future of NewSpace in the Greater Bay Area. Members connect with leading innovators, world-class institutions, global mentors, and industry leaders at the forefront of the commercial space. SEA provides a trusted platform for dialogue, collaboration, and engagement through events and direct connections. Members can access closed-door industry dialogues, international delegations, early opportunities for partnerships, and connect with an internationally respected network.

SEA's membership framework has full, associate, and fellow membership options to serve this diverse community. All members benefit from preferential event rates, networking opportunities, curated market intelligence, professional development, and selected business support services. Full Members enjoy governance rights at general meetings, while higher-tier and charter members receive additional recognition and priority access.

Hashtag: #SpaceEconomyAssociation #SEA

The issuer is solely responsible for the content of this announcement.

About Space Economy Association (Hong Kong) Ltd

Space Economy Association (Hong Kong) Ltd (SEA) is an independent, membership-based NGO dedicated to connecting and facilitating space-related industries, businesses, investors, educators, experts, and governments worldwide in their pursuit of commercial space business and technology. SEA aims to help establish Hong Kong as a super-connector hub within the international space ecosystem by capitalising on its strengths in professional services, led by finance. SEA's membership comprises a community of 100 co-founders, over 150 active members, more than 250 student members, and 40+ industry partners, all contributing to shaping the future of NewSpace in the Greater Bay Area. Members benefit from access to closed-door industry dialogues, international delegations, early partnership opportunities, and connections with a respected global network, including the UNOOSA ecosystem. SEA's growing global network of partners spans Asia, North America, and Europe.

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SINGAPORE - Media OutReach Newswire - 29 June 2026 - Bracell congratulates Fernando Branco, the company's Treasury Manager, on his appointment as President of the Board of Directors of the Bahia Association of Forestry-Based Companies (ABAF) for the 2026 – 2028 term. The appointment reflects Bracell's longstanding commitment to advancing the sustainable development of Brazil's planted-forestry sector through collaboration, innovation, responsible governance and stakeholder engagement.

With more than two decades of experience in the pulp and paper industry and a decade of service on ABAF's Fiscal Council, Branco brings extensive expertise in governance, finance and institutional engagement to the role. Under his leadership, ABAF will continue promoting dialogue among industry, government, communities and civil society to support the sustainable growth of Bahia's forestry sector.

"The forestry sector plays a critical role in generating employment, supporting regional development, fostering innovation and contributing to environmental conservation," said Fernando. "Through constructive dialogue, transparency, legal certainty and shared governance, we can strengthen the sector's positive contribution to Bahia's economy and sustainable development," he added.

As one of the world's leading producers of dissolving pulp and specialty cellulose, Bracell believes that sustainable forestry is fundamental to addressing global challenges such as climate change, biodiversity conservation and the transition to a low-carbon economy. The company has consistently invested in sustainable forest management practices, research and development, biodiversity protection, carbon monitoring initiatives and partnerships that promote responsible land use and environmental stewardship.

Bracell's forestry operations are guided by a long-term sustainability strategy that combines productive eucalyptus plantations with the conservation of native vegetation, protection of water resources and preservation of biodiversity. Through its 1-for-1 commitment, the company has expanded its conservation efforts and strengthened its contribution to climate and nature-positive outcomes.

The company also recognises that the sustainable development of the forestry sector extends beyond environmental stewardship. Bracell, a member of the RGE group of companies founded by Sukanto Tanoto, works closely with local communities through initiatives focused on education, income generation, environmental awareness and social development, helping create lasting value in the regions where it operates. In Bahia alone, tens of thousands of people have benefitted from the company's social programmes.

Branco's appointment comes at a time when the forestry sector is increasingly called upon to contribute solutions for sustainable economic growth and climate resilience. Fernando's leadership at ABAF represents an important opportunity to further strengthen collaboration across the sector and advance shared sustainability goals for Bahia and Brazil, the company said.

Through ABAF, Bracell will continue supporting initiatives that strengthen the competitiveness, transparency and sustainability of Bahia's forestry value chain while contributing to a sector that generates renewable products, supports local economies and helps build a more sustainable future.

Hashtag: #RGE #Bracell #Sustainability #SustainableDevelopment #Conservation #Forestry #Brazil #Bahia #ABAF

https://www.bracell.com

The issuer is solely responsible for the content of this announcement.

About Bracell

Bracell is a global leader in the production of dissolving pulp and specialty cellulose with two main mill operations in Brazil in Bahia and São Paulo. In addition to its operations in Brazil, Bracell has a management office in Singapore and sales offices in Asia, Europe and the U.S.

Please visit Bracell's website for more information.

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