Luokung Technology Corp. announces strategic cooperation with Land Space on establishing the measurement and control system for rockets, satellites and earth stations with global coverage.
Luokung Technology Corp. (LKCO) ("Luokung" or the "Company"), one of the global leading spatial-temporal big-data processing technology companies, a leading interactive location-based services company in China, today announced its strategic partnership with Land Space Technology Corporation Ltd. (referred to as ‘Land Space’ hereinafter). The two parties will work together and take advantage of respective strength on commercial space cooperation with satellite remote sensing data applications as the main target market. They will jointly develop domestic and foreign markets of products and services which are not limited to spatial-temporal big-data applications and aerospace application systems, and jointly build a measurement and control system for rockets, satellites and earth stations with global coverage.
On the strength of its accumulated customer resources and marketing channels in international aerospace market, Land Space will cooperate with Luokung on developing the domestic and foreign launch service markets, remote sensing data application market, and target users in different market segments. Luokung can integrate its world's first spatial-temporal cloud index technology and the world's leading spatial-temporal big data processing and algorithm technology with the business of Land Space, which will provide stable, efficient and customized spatial-temporal cloud computing support for clients in the spatial temporal big data processing, analyzing, transmission and release services in internet and mobile internet.
To build a global coverage measurement and control system for rockets, satellites and earth stations, Luokung will provide its world leading spatial-temporal cloud indexing technology, spatial-temporal big-data processing, algorithm and AI technology for real-time tracking analysis and display of position trajectory and attitude of rockets and satellites, to meet the needs of the global coverage of satellite services and mobile service universality as well as the requirements of overall network reliability and security, and to build a global information network with seamless coverage of space and earth.