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A Chinese space launch company has outlined its plans for a series of solid and reusable rockets for launch services and space tourism and opened a new industrial base. ....
One of China’s biggest automobile manufacturers also has big ambitions for space. Zhejiang-based Geely Holding Group announced in late March that it will establish a commercial aerospace company in Guangzhou’s southern district of Nansha. The local government said the new company will be set up to develop its satellite ad communications technologies, as cited by Reuters. Geely is in the process of building low-orbit satellites to deliver quick software updates to its vehicles via high-speed connectivity. Its vehicles are expected to have more functions created to connect to their satellite network by 2025. READ MORE: Geely, which owns Volvo Cars and has a stake in Daimler AG, will name its new company Shikong Tansuo and will be a part of a larger ‘space cluster’ in Nansha district. ....