# mu Space receives BOI investment incentives for satellite manufacturing

mu Space and Advanced Technology Co Ltd secured A1-level investment promotion incentives from Thailand's Board of Investment to manufacture small satellite components and aerospace devices. The incentives include eight years of corporate income tax exemption and import duty exemptions.

- Type: Investment
- Announced: 2021-03-29
- Where: Thailand
- Status: announced
- Products: small satellite components, aerospace devices
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md)

## Companies

- [mu Space and Advanced Technology Co Ltd](https://endata.com/companies/54092.md)
- [Board of Investment](https://endata.com/companies/54093.md) (investor)

## Sources

- [sootinclaimon.com](https://sootinclaimon.com/2021/03/29/mu-space-gets-boi-investment-incentives-to-compete-in-global-space-industry-sootinclaimon-com/), 2021-03-29: "mu Space is granted A1 level of investment promotion incentives and privileges, the highest rank of any eligible incentives, with the manufacturing of its small satellite components in a category of high technology industry."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.