CMMB Vision Holdings Limited together with its associate Silkwave Holdings Limited entered a Letter of Interest with Infinite Orbits PTE Ltd, a company based in Singapore and United Kingdom to develop in-orbit life-extension services for geostationary satellites, which will extend the effective lifespan of in-orbit satellite's operation and enhance cost-efficiency for the satellite operators. Both parties also plan to first provide services to Silkwave's existing satellite platform, and will extend services to other satellites as well. There are hundreds of geostationary satellites operating in-orbit including broadcast satellites, communication satellites, and high-throughput satellites, etc. Their effective service lifespan will usually be around 15 years due to fuel exhaustion with their supporting spacecraft, hence new satellites will need to be launched for replacement, which are uncertain due to their high costs and time consuming nature. solution is to launch a small space tug that docks with the satellite in-orbit and provide fuel support, hence enabling the satellite to extend operation for 5 to 6 more years. first launch will provide other in-orbit services as well such as gap-filler, situational awareness, satellite inspection and other space-based vision capabilities.