Pakistan marked on Thursday another significant milestone in space technology by securing a geostationary orbital slot along with previous frequency resources ensuring a continuous and expanding foothold in the extraterrestrial world.The Pakistan Space and Upper Atmosphere Research Commission (Suparco) inked a deal with China Great Wall Industry Cooperation (CGWIC) to acquire communication satellite PakSat Multi Satellite (PakSat-MM1).PakSat MM-1 is believed to prove to be another major asset to initiate and expand various communication services including Direct to Home (DTH).It will help Beijing and Islamabad to strengthen their bilateral ties not only through the ‘One Belt One Road' initiative and but also by enhancing cooperation and capacity in the field of science and technology.The signing ceremony was held at the Planning Commission of Pakistan and was attended by the federal Minister for Planning, Development and Reforms Ahsan Iqbal, Chinese ambassador Yao Jing among other senior officials.On February 28, the communication satellite PakSat-MM1 arrived at Pakistan’s geostationary orbital location of 38.2 East.The satellite will be a valuable addition to our geo-stationary fleet, the Suparco spokesperson said."The project has paved the way for new communication service which will significantly aid in the socio-economic development of the country" the spokesperson added.Meanwhile, Suparco will collaborate in a business venture with CGWIC on cost and revenue sharing basis via a commercial contract.Previously, the successful implementation of Pakistan’s first communication Satellite (Paksat-1R) programme laid the foundation for further collaboration between the two countries.