深潮TechFlow|Sep 29, 2026 12:57
[Space Network Signs $50 Million Satellite Network Agreement with Philippines' HQ Company]
According to Deep Tide TechFlow news on September 29, as disclosed by Spacecoin's official sources, Space Network has officially signed a $50 million binding reservation agreement with Philippine infrastructure company HQ Company International Holdings. The agreement aims to provide decentralized satellite communication services to the Philippines through the Freeport Low Earth Orbit (LEO) satellite network. HQ Company CEO Yongsoo Samuel Cho, who is the grandson-in-law of former Philippine President Fidel Ramos, possesses extensive local resources and cross-border investment experience. Under the agreement, Space Network will be responsible for providing network access, hardware, and software technical support, while HQ Company will handle local business operations, spectrum licensing, and customer acquisition.
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