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27 April SpaceBiz Monthly Conference

29 Apr 2024

OASA’s SpaceBiz Monthly Conference was held at PolyU on Saturday, 27 April 2024. The session focused on the potential of Spacecraft Leasing as a viable funding option for the NewSpace economy. PolyU Prof. Dewey Yee, who teaches Space Commerce, gave a detailed presentation on spacecraft leasing with HKU Prof. Stephen W. Cheung illuminating the academic perspective and investment banker Mr. Richard Ting raising practical concerns from the investor’s position. Overall the lively and enriching dialogue was enjoyed by all who stay well beyond the close of the event. 
Hong Kong, as a potential spacecraft leasing hub for the mainland’s fast developing space programme financing can significantly benefit with its robust legal framework and innovative spirit. As we navigate the trajectory of the NewSpace economy, estimated to surpass US$1.8T by 2035, it’s crucial to explore avenues like spacecraft leasing that could reshape Hong Kong’s future.
The conference sparked engaging discussions, with participants envisaging the future of space finance and the role of government in its evolution. We are entering a thrilling era as we explore in the realm of space commerce.

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