Page 16 - 56-1 One Report 2022 EN

Part 1 Business Operation and Operating Performance

and utilizing software-defined high throughput satellites (SD-HTS) to control operations and adapt to changing
service areas.

3. Strategy for New Space Tech Business
The space economy is entering in a new space revolution spur on by the boom in commercialization and
exploration of space. Therefore, the Company has plans to leverage its expertise, knowledge and capabilities to
seize the opportunity in the new space economy. Among the myriad of domains, the Company focuses on initially
include the LEO satellite services, geospatial data analytics, and other new space tech businesses.
3.1) LEO satellite services

The Company continue to focus on finding new business partnerships with LEO satellite operators, adhering to
a win-win strategy to combine operations and resources to provide competitive advantages to meet customer
requirements. During the past year, The Company has signed an agreement with Globalstar, Inc., a global provider
of LEO satellite communications and solutions, to jointly develop and operate ground station facilities in Thailand at
our Teleport Center to enable the deployment of commercial LEO satellite services by Globalstar in the South East
Asian region. Both parties plan to jointly develop solutions and services that focus on safety management for tourism
in Thailand as well as the maritime industry. The Company is also seeking business partnership with other LEO
satellite operators to enable multi-orbit (GEO and LEO satellites) services in the region.

3.2) Geospatial data analytics

The Company have also internally developed geospatial data analytic platform called Earth Insights with
emerging technology utilizing artificial intelligence/machine learning (AI/ML) technology platform, big data analytics
platform, and cloud computing. The platform will process the geospatial data obtained from space, airspace, and
ground in order to achieve in-depth insights, leading to accurate management and prediction models. With the
establishment of partnership between us and Orbital Insights, a world leader in Geospatial Intelligence and Location
Analytics, the Company is able to provide accurate insights for smart city, defence & security, and corporate as
well as developing the Carbon Credit platform aligning with the global trend to achieve net-zero emission of the
United Nations (UN) Sustainable Development Goals.
3.3) Other new space tech businesses

The Company is exploring opportunities in other new space tech businesses. Other new space tech businesses
we will be exploring consist of the upstream businesses, for example, space-to-ground infrastructure including but
not limited to small satellite manufacturing and spaceport and Drone as services for both commercial and
government sectors.
2. Strategy for Human Resources

Today's businesses face various changes at an unprecedented level, from the way of working that has
changed to digital, the need for new skills that organizations look for from employees, as well as the expectations
of employees towards the organization has also changed. All of these are one of the key challenges of the
organization, even Thaicom Public Company Limited, which must set strategies for managing people and
organizations in line with these changes and creating sustainable growth for the company.

Thaicom Public Company Limited operates both domestic and international businesses, focusing on
building business stability and sustainable growth in the communication and telecommunication industry. In
addition, the company prepares both organizational and human capital to step into New Space Economy that is
currently growing rapidly around the world. Therefore, the Company has given great importance to human

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