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Satellite Startup Yuanxin Raises $932 Million to Support Shanghai s G60 Starlink Constellation – China Money Network

A Shanghai-based satellite startup has successfully raised RMB6.7 billion (US$932 million) from primarily state-affiliated investors, as part of an . aerospace, bank, currency, Galactic Energy, Guotai Junan, import, internet, investment, Kunming, manufacturing, Orienspace, Outer Space, Renminbi, satellite, Shanghai, Startup, technology, venture capital, Yangtze, Yuan

China s Space Program in 2023: Taking Stock – The Diplomat

China offers cash to rocket startups in hunt for its own SpaceX

China Offers Cash to Rocket Startups in Hunt for Its Own SpaceX

(Bloomberg) As China pushes to challenge the US in outer space, President Xi Jinping is borrowing a page from the playbook NASA used for Elon Musk’s SpaceX by directly supporting local startups looking to take part. Most Read from BloombergImmigrants Are Leaving Canada at Faster Pace, Study ShowsIsrael Latest: Blinken Returning to Israel; Refugee Camp HitSaudi Forces on Alert After Clash With Iran-Backed HouthisZillow Plunges After Verdict on Real Estate Brokerage CommissionsSony’s Bungie Gam

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