HONG KONG, Prenetics Global Limited (NASDAQ:PRE), a leading genomics-driven health sciences company, announces the signing of a Memorandum of Understanding (MOU), that paves the way for a strategic investment in Metavisionaries and a pioneering five-year research agreement with them and their partners Space Application Services through their Metaspace Venture. The parties will also establish a Space Innovation Lab within the UAE Space Agency. The inaugural Prenetics research cube is scheduled to on-board the SpaceX to the ISS in Q4 of 2024.

Mohsen Al Alwadi, Director of the Space Missions Department at the UAE Space Agency remarked: "The UAE Space Agency is thrilled to support the initiative of the Prenetics and Metavisionaries partnership, in building the space ecosystem by engaging non-space industry partners in innovation, space exploration and in human health."

As space exploration ignites a new era of discovery, the first endeavor by Prenetics will be with the Botnar Institute for Musculoskeletal Sciences at the University of Oxford, NDORMS, led by Dr. Ghada Alsaleh. The joint project will be to research cellular solutions that promote rejuvenation and vitality to combat the phenomenon of accelerated aging in space due to its zero-gravity environment. The potential of this research could lead to new advances in healthcare, enhancing cellular health and longevity for all ages on Earth.

Danny Yeung, CEO of Prenetics stated: "Our collaboration with Metavisionaries underscores our dedication to innovation and our conviction in the transformative potential of space exploration to deliver ground-breaking health advancements on Earth."

Ahmed Alfandi, President of Metavisionaries, said "Joining forces with Prenetics will lay the groundwork for monumental scientific advancements that have the potential to benefit all of humanity."

Prenetics is also proud to announce that Dr. James L. Green, Chairman of Metavisionaries and former Chief Scientist of NASA, alongside Dr. Tara Ruttley, Director of Sciences of Metavisionaries and former Associate Chief Scientist of NASA, will join the Prenetics Scientific Advisory Board. Concurrently, Danny Yeung, CEO of Prenetics will join the Board of Directors at Metavisionaries, fortifying its strategic vision.

"In my 42+ years at NASA, I've witnessed space research develop remarkable medical technologies which power CAT scanners, MRI, portable ECG machines, which have had significant medical and commercial success. I'm excited to contribute to Prenetics' mission and to translate space research into health innovations on Earth," said Dr. James L. Green.