THCOM to rebrand as Gulf Space Technology, expanding into full-spectrum space tech

Corporate ActionProduct / Tech
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Thaicom is set to rebrand as Gulf Space Technology to expand its business from a satellite operator to a full-spectrum space technology company. Chief Executive Officer Dr. Piyaawat Jariyasetthaphong revealed that the company will integrate geostationary and low Earth orbit satellites, while accelerating the expansion of Earth observation data services and developing a data platform to support the data center and AI businesses of Gulf Group. Most recently, it secured a contract from PTT to use satellite data for monitoring gas pipeline routes, and is in the process of seeking permission to build a ground station to provide broadband internet via LEO satellites in partnership with Amazon, as well as collaborating with Globalstar to offer direct-to-device services. On the satellite plan, Thaicom 4 will extend its lifespan until the end of 2026, Thaicom 9 is expected to begin service in the third quarter of 2027, and Thaicom 10 has been postponed to the first half of 2029, with 50% of its capacity already pre-sold.

Impact on stocks 5

Space Economy · 2 stocks
Energy Transition & Power Demand · 2 stocks
PTT Public Company Limited
PTT
▲ PositiveDemandrelevance

PTT secured a contract for satellite data to monitor gas pipelines, indicating demand for such services.

Artificial Intelligence · 1 stocks

Theme Impact 3

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