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The talks came after Mongolia granted two licences for SpaceX to operate as an internet service provider using low-orbit satellites last year, which would enable millions of internet users in the country to access high-speed connection via Starlink.
“Launching our own satellite marks a defining moment for Mongolia's journey towards becoming a spacefaring nation,” Mongolia's Minister of Digital Development and Communications Uchral Nyam-Osor said in the statement.
“SpaceX's investment in Mongolia demonstrates the confidence they have in the digital transformation and sustainable development programmes at the centre of Mongolia's New Recovery Policy and Vision2050,” Nyam-Osor said.
Resource-rich Mongolia has extensive deposits of rare earth minerals and copper, which are critical materials in the electric vehicle supply chain. (Reporting by Ethan Wang, Ella Cao and Ryan Woo; Editing by Hugh Lawson)
The satellite, currently being constructed by French company Thales Alenia Space, is tasked with improving Mongolia's disaster management and emergency response, increasing broadband internet access and supporting its scientific research and education among other purposes, the government said in a statement.
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