Low Altitude Economy is a multi-layered economic structure operating within the airspace below 3,000 meters, it encompasses the migration of human and machine activities across all economic sectors from the ground into the space, where productivity increases exponentially, powered by groundbreaking technologies such as UAVs, Artificial Intelligence, Big Data, the Internet of Things, aircraft systems, airships, space stations, and airspace management systems for monitoring, operation, and service delivery.
The Theory of the Low Altitude Economy, introduced by CT Group, opens up a multidimensional perspective on the opportunities for national development. The LAE creates powerful new drivers of growth – particularly for economies and nations striving to make a transformational leap forward.
GASCO – General Aviation Service Company (a member of CT Group), established in 2012, has been a pioneer in the research and development of the Low Altitude Economy.
No. 1 Center for Space Technology Economics – Space Ship One (SS1): Headquarters of GASCO
- Location: Near Terminal 3 (T3), Tan Son Nhat International Airport, HCMC
- Scale: Over 500,000 m² of gross floor area
- Research Scope: supporting more than 600 LAE-related services across 72 sub-sectors worldwide and 16 industries: Smart Urban & Mobility, Logistics and Delivery, Healthcare and Emergency Response, Security, Border Patrol and Defense, Agriculture and Forestry, Digital Transformation, Construction and Infrastructure, Renewable Energy, Mining and Heavy Industry, Environmental Protection and Green Economy, Tourism, Media and Creative Industries, Telecommunications and Digital Infrastructure, as well as Education and Research.
- Workforce: A workforce of over 600 international and ASEAN experts in avionics, autonomy, data, operations, and compliance, GASCO is fully prepared for multilingual and multinational deployment.
On August 20, 2025, GASCO signed a Memorandum of Understanding with Indonesia’s Ministry of National Development Planning to cooperate in developing the Low Altitude Economy and Digital Transformation and is rapidly advancing its Go-Global strategy.
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