AVIC, the Chinese aerospace giant, and TechSAT signed a long-term partnership agreement on March 7, 2018. The ceremony took place in Munich in the presence of the management of AVIC EM, QAG (subsidiary of AVIC), NEXEYA, and TechSAT (subsidiary of NEXEYA).
The parties agree to cooperate on research and development projects in the following areas: on-board system development as well as simulation, integration and test technology for safety-critical system development, production, and maintenance.
They will also cooperate in business development to maximize the access to the aerospace markets worldwide, especially in China where the aerospace programs are ramping up very fast.
This long-term partnership is a new milestone in the cooperation between the parties and set up for many years.