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US$11.2 mil spacetech fund launched in Malaysia by Nusa Kapital and Sirius T&E

November 29, 2022
Source: digitalnewsasia.com digitalnewsasia.com
News Snapshot:
To fund between 13 to 15 startups with average cheque size of US$737k Improved regulatory environment for space in Malaysia a key motivator The improved space regulatory environment in Malaysia has brought two seasoned names in Malaysia’s satellite sector, Nonee Ashirin Radzi (pic, left) from Nusa Kapital Sdn Bhd and Khairuddin Rahman from Sirius T&E Sdn Bhd (a wholly owned subsidiary of SMART Digital International Sdn Bhd) together to launch the country’s first space tech venture capital fund at US$11.16 million (RM50 million). Nonee Ashirin comes with over 25 years of experience in aerospace and defense. Besides being the executive...
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