WuBlockchain forwards a post stating Spacecoin's parent company, Space Network, signed a $50M binding pre-order deal with HQ Company to bring satellite connectivity to the Philippines
Space Network, the space infrastructure company behind Spacecoin, will provide Freeport network access, hardware, software, and engineering support. HQ Company will handle local sales, customer acquisition, spectrum authorizations, and operations. Space Network plans to expand its constellation from four LEO satellites to approximately 230 satellites by 2029 and commence commercial services. This agreement follows Space Network's $100 million deal with Vietnam's DETI Technology in June 2026, bringing its total commercial pre-orders to $150 million within four months.
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