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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. ....