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Private Chinese rocket maker launches 8th successful flight mission, entering concentrated delivery phase globalsecurity.org - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from globalsecurity.org Daily Mail and Mail on Sunday newspapers.
Chinese private aerospace firm Galactic Energy launched its eighth Ceres 1 rocket on Friday, the latest effort by a Chinese private firm to expand its capabilities in rocket research and development (R&D) and launches. ....
As China’s commercial space sector has entered a fast development track after the accumulation over past few years, start-ups are attracting more financing along with their robust growth. It is expected the full year of 2022 could see the total financing double from the level of last year, industry analysis pointed out. ....
SOURCE / ECONOMY By Global Times Published: Feb 18, 2021 05:58 PM The effect view of Commsat s in-orbit satellite Photo: Courtesy of Commsat Geely Technology Group s satellite manufacturer Taizhou Xingkong Zhilian was issued a commercial satellite license by the National Development and Reform Commission NDRC on Thursday. Some manufacturing equipment has been transported to the factory which is expected to churn out 500 satellites, according to Gelly Technology Group. The issuance of license means China s first commercial satellite manufacturing factory, combining high-tech aerospace and some vehicle manufacturing technology, will be put into operation. Xu Zhihao, CEO of Gelly Technology Group, said the satellite factory will combine the industrialized equipment of vehicles industry and modularity of satellite to phase in an advanced assembly line. ....