Angkasa-X
Angkasa-X is a Malaysia-based LEO satellite company building the 500-satellite A-SEANLINK constellation to deliver Satellite-as-a-Service connectivity and Earth observation data to rural and underserved areas across ASEAN and adjacent regions.
- Company typePrivate
- Founded2021
- HeadquartersKuala Lumpur, Malaysia
- Headcount11–50
- GTM typeB2B
- OfferingServices
What Angkasa-X does
Angkasa-X is a Malaysia-based space technology company founded in 2021 that is building a Low Earth Orbit (LEO) satellite constellation — branded A-SEANLINK — to provide affordable satellite internet connectivity and Earth observation data services to rural and underserved communities across ASEAN and neighboring regions. The company operates through Angkasa X Innovation Sdn Bhd, the wholly-owned operating subsidiary under the BVI-incorporated parent ANGKASA-X HOLDINGS CORP. Its core technology platform comprises a planned constellation of approximately 500 LEO satellites designed and assembled in Malaysia, of which the first — A-SEANSAT-PG1 (Penang1) — was launched on June 27, 2023 from the Vostochny Cosmodrome in Russia at a development cost of approximately US$5 million, providing Earth Observation (EO) and Automatic Identification System (AIS) capabilities. The company has secured 500 LEO orbital slot assets (February 2024), ITU-R membership, and Malaysian NFP and NSP operating licenses to underpin its planned constellation deployment.
The company's business model centers on Satellite-as-a-Service (SaaS), a recurring subscription model under which it intends to sell connectivity capacity to telecommunications operators, internet service providers, government agencies, and enterprises needing coverage in rural areas where terrestrial fiber is uneconomic. A secondary revenue stream is satellite data monetisation — selling EO and AIS data to government, academic, and enterprise customers for remote sensing, maritime tracking, and disaster management applications. The go-to-market combines direct enterprise sales to telecom operators and government agencies with channel partnerships (e.g., Silkwave, HallBru Tech Brunei, Cangyu Space Technology, ADA Space, Forward Edge-AI) and government collaborations (Penang State Government, Digital Penang). Pricing is quote-based under multi-year contracts; minimum equity crowdfunding tickets start at RM3,000 via pitchIN. The company is pre-revenue, has filed an F-1 with the US SEC (November 2022) for a potential US listing, and is led by founder Dr. Sean Seah (Executive Chairman) alongside CEO Dr. Kok Wah Seah, CIO Dr. Kin Wan Lim, and Executive Director Dr. William Lim, with 11–50 employees.
Angkasa-X firmographics
Firmographics- Name
- Angkasa-X
- Legal name
- ANGKASA-X HOLDINGS CORP.
- Website
- https://angkasax-innovation.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 11–50 employees
- Short description
- Angkasa-X is a Malaysia-based LEO satellite company building the 500-satellite A-SEANLINK constellation to deliver Satellite-as-a-Service connectivity and Earth observation data to rural and underserved areas across ASEAN and adjacent regions.
- Ownership category
- akta.pro rank
Angkasa-X industry classification
Industry- Product category
- Satellite Connectivity Services
- NAICS
- Satellite Telecommunications (517410), Satellite Telecommunications (5174), Satellite Telecommunications (51741)
- SIC
- Communications Services, Nec (4899), Guided Missiles & Space Vehicles & Parts (3760)
- akta.pro primary industry
- Satellite Broadband Internet Access (Consumer/SMB) (HDAIAJAA)
Keywords
Where Angkasa-X is headquartered
LocationHeadquarters
- HQ city
- Kuala Lumpur
- HQ country
- Malaysia
- HQ region
- Asia
Offices3 records
Markets served
Angkasa-X business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Technology or R&D, Infrastructure, Personnel, Supply Chain, Marketing or Sales, Operations
Revenue model
- Satellite-as-a-Service (SaaS): Recurring revenue from providing satellite internet connectivity services to telecom operators, enterprises, and government agencies in underserved regions. The service offers alternative connectivity solutions where terrestrial fiber networks are limited or unavailable.
- Satellite Data Services: Revenue from providing satellite data (EO and AIS) to government agencies, universities, and companies for R&D satellite applications and research purposes. The company offered free data access for 1 year following the PG1 launch.
- Equity Crowdfunding (ECF): The company raised capital through equity crowdfunding via pitchIN platform, offering shares to retail investors with a minimum investment of RM3,000.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Multi-year contract | Satellite-as-a-Service connectivity plans |
| One time/ perpetual license | One time | Equity Crowdfunding Investment |
Go-to-market motion2 records
Distribution channels2 records
Marketing channels5 records
Angkasa-X product offering
Product offeringCore offering
Angkasa-X designs, builds, and operates a Low Earth Orbit (LEO) satellite constellation called A-SEANLINK to provide affordable satellite-based internet connectivity and Earth Observation/AIS data to rural and underserved areas across ASEAN and neighboring regions. Its flagship offering is Satellite-as-a-Service (SaaS), which provisions internet access via its LEO satellites to telecom operators, government agencies, and enterprises, with the first satellite, A-SEANSAT-PG1, launched on June 27, 2023.
Product overview
Angkasa-X is a technological-social inclusion company focused on establishing the ASEAN Space Economy through its A-SEANLINK Satellite Constellation. The core offering consists of a LEO satellite constellation that provides Satellite-as-a-Service (SaaS) connectivity to rural areas across ASEAN. The first satellite, A-SEANSAT-PG1 (PG1), was launched in June 2023, marking the beginning of the constellation deployment. The company offers satellite data for remote sensing applications including Earth Observation (EO) and Automatic Identification System (AIS) tracking.
Differentiator
Problem solved
Functional benefit
Products and services
- A-SEANLINK Satellite Constellation A constellation of Low Earth Orbit (LEO) satellites designed and assembled in Malaysia to provide satellite internet connectivity to rural and underserved areas across the ASEAN region and neighboring regions, targeting the digital divide.
- A-SEANSAT-PG1 (PG1 / Penang1) Satellite The first satellite in the A-SEANLINK constellation, designed and assembled in Malaysia. Also known as Penang1 (PG1), it provides Earth Observation (EO) and Automatic Identification System (AIS) data capabilities for connectivity and remote-sensing applications, including maritime tracking and disaster management.
- Satellite-as-a-Service (SaaS) Provision of internet access connectivity delivered via the A-SEANLINK LEO satellite constellation, sold to telecommunications operators, government agencies, and enterprises seeking affordable broadband in rural and underserved markets under multi-year contracts.
Quantifiable outcome
- Targeting coverage of 50% of remotely populated areas
- +2 more outcomes
Companies that use Angkasa-X
Customer profileNamed customers5 records
Segments3 records
Ideal customer profiles3 records
Angkasa-X technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Angkasa-X partnerships and signals
Strategic signalPartnerships
Ten partnerships are on record, tiered minor, major and core.
- Global Engine GroupminorStrategic MOU to develop Space-to-AI digital infrastructure platform integrating satellite services, global data infrastructure, and blockchain technology. Collaboration aims to build 'Equatorial Space Network' connecting 80+ countries and 3.8 billion people.
- Forward Edge-AImajorStrategic collaboration to advance LEO connectivity and space infrastructure across Indo-Pacific and ASEAN region. Forward Edge-AI provides turnkey satellite design, manufacture, post-quantum cybersecurity, and launch services. Teaming Agreement for SHIELD contract vehicle responses.
- Cangyu Space TechnologymajorChinese commercial aerospace company planning to invest approximately US$100 million (RM470 million) for shared satellite constellation and real-time remote sensing data platform in Malaysia for ASEAN.
- ADA Space (ADA Space Technology)majorPartnership to launch shared satellite constellation and real-time remote sensing data trading platform, enhancing ASEAN's space industry.
- Sirius T&EminorMOU signing at LIMA23 to explore collaboration in rocket launchers and satellite construction in Malaysia for space industry players.
- SputnixminorWCIT 2022 collaboration for aerospace industry development with USM and Angkasa-X.
- Silkwave Holdings LimitedmajorMOU signed to develop world's first GEO-LEO integrated satellite network and services platform. Partnership with support from Bank of Asia to develop Penang as ASEAN's regional space technology ecosystem hub.
- HallBru Tech BruneiminorMOU signed to develop satellite connected Borneo Island. Supported and facilitated by Brunei Darussalam BIMP-EAGA for connectivity solutions in the Borneo region.
- Universiti Sains Malaysia (USM)coreThree-party MOU signed with Penang State Government and Digital Penang to establish ASEAN Space Economy. Separate MoA for Space Technology and Satellite Engineering Talent Development Programme. USM offers professional courses in satellite engineering and provides labs for satellite development and testing.
- Digital PenangcoreState government agency partnering with Angkasa-X and USM to promote space industry development in Penang. Marketing partner for satellite engineering courses to potential students from the manufacturing sector.
Scale indicators10 records
Recent moves8 records
Expansion highlights6 records
Angkasa-X competitors and assessment
Company assessmentDirect peers
- Starlink (SpaceX): The dominant consumer and SMB LEO satellite broadband provider with thousands of satellites already in orbit. Directly comparable to Angkasa-X's A-SEANLINK Satellite-as-a-Service offering, with overlapping target markets in underserved/rural connectivity and the same LEO architecture (500-2000km altitude).
- Iridium Communications: Iridium operates the only commercial LEO constellation providing truly global coverage today, serving maritime, aviation, government, and IoT/remote connectivity customers. Comparable to Angkasa-X in LEO deployment model, NTN-style services, and maritime/AIS-adjacent offerings.
- Eutelsat OneWeb: OneWeb (now part of Eutelsat Group) operates a LEO broadband constellation aimed at enterprise, government, and telco backhaul customers — directly comparable to Angkasa-X's telco partner-channel GTM and rural/underserved connectivity focus. Competes for the same telecom-operator partnerships and capacity contracts.
- Globalstar: Globalstar operates a LEO satellite constellation focused on satellite messaging, IoT, and consumer/enterprise connectivity. Overlaps with Angkasa-X's data and connectivity services for enterprise/government and represents another established LEO operator benchmark for unit economics and customer concentration risk.
- Amazon Project Kuiper: Amazon's planned LEO broadband constellation targeting global broadband coverage including enterprise and underserved markets. Same LEO architecture, same connectivity value proposition, and a similarly large capex envelope — represents direct competitive pressure in any region Angkasa-X targets.
Broad incumbents
- SES: Global satellite operator combining GEO and O3b MEO constellations with enterprise, telco, government, and maritime connectivity offerings. Overlaps with Angkasa-X's NTN/enterprise connectivity thesis but at much larger scale and across a broader portfolio including GEO capacity leasing.
- Inmarsat (Viasat): Inmarsat provides satellite communications for maritime, aviation, government, and enterprise across multiple orbits under Viasat. Comparable to Angkasa-X in B2G and maritime/AIS-adjacent services, and a competitor for the same telco and government contracts Angkasa-X is targeting in ASEAN.
Regional players
- Pasifik Satelit Nusantara (PSN): Indonesian satellite operator providing connectivity across Indonesia and ASEAN, with recent moves into LEO partnerships. Most directly comparable to Angkasa-X on ASEAN regional focus, social-inclusion/rural-connectivity narrative, and B2G/B2Telco distribution.
- Thaicom: Thailand-based regional satellite operator serving broadcast and connectivity across Southeast Asia. Comparable to Angkasa-X on ASEAN geographic scope, telco-distribution model, and government-backed satellite-service positioning.
- MEASAT: Malaysia's incumbent satellite operator providing GEO capacity across ASEAN for broadcast, telco, and enterprise customers. Most directly comparable on regional/geographic basis (same Malaysian HQ, same ASEAN telco customers) though using GEO rather than LEO — a benchmark for ASEAN regional GTM.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat4 records
Key risks6 records
Key highlights7 records
Customer concentration
Angkasa-X social profiles
Digital presenceAngkasa-X financial estimates
Financial estimateRevenue estimate
Valuation estimate
Angkasa-X leadership team
Management profileNumber of profiles
Profiles4 records
Angkasa-X subsidiaries and ownership
Company hierarchySubsidiaries1 record
Angkasa-X funding detail
Funding detailFunding overview
Funding rounds1 record
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Angkasa-X M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Angkasa-X
What does Angkasa-X do?
Angkasa-X designs, builds, and operates a Low Earth Orbit (LEO) satellite constellation called A-SEANLINK to provide affordable satellite-based internet connectivity and Earth Observation/AIS data to rural and underserved areas across ASEAN and neighboring regions. Its flagship offering is Satellite-as-a-Service (SaaS), which provisions internet access via its LEO satellites to telecom operators, government agencies, and enterprises, with the first satellite, A-SEANSAT-PG1, launched on June 27, 2023.
Is Angkasa-X a public or private company?
Angkasa-X is a private company. It is classified as venture growth investor backed and is currently operating.
When was Angkasa-X founded?
Angkasa-X was founded in 2021. It employs 11 to 50 people.
Where is Angkasa-X based?
Angkasa-X is headquartered in Kuala Lumpur, Malaysia, in the Asia region.
How does Angkasa-X make money?
Three revenue lines are on record. Satellite-as-a-Service (SaaS) is the primary driver. The others are satellite Data Services and equity Crowdfunding (ECF).
Who are Angkasa-X's main competitors?
Direct peers on record are Starlink (SpaceX), Iridium Communications, Eutelsat OneWeb, Globalstar and Amazon Project Kuiper. Broad incumbents are SES and Inmarsat (Viasat). Regional players are Pasifik Satelit Nusantara (PSN), Thaicom and MEASAT.
Does Angkasa-X have an API?
No public API is recorded for Angkasa-X.
What industry is Angkasa-X in?
Angkasa-X's product category is Satellite Connectivity Services. Its primary akta.pro industry code is HDAIAJAA, Satellite Broadband Internet Access (Consumer/SMB). Its NAICS code is 517410 and its SIC code is 4899.