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Thread: China and Private Industry Space Exploration

  1. #121
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    "China to construct commercial spaceport to support booming space industry"

    https://spacenews.com/china-to-const...pace-industry/

    China will establish a commercial spaceport in the coming years to support the rapid growth of private space activities in the country.

    The commercial space launch center was included in a list of national projects in the recently formulated 14th Five-Year Plan which covers 2021-2025.

    The project gains approval following both a large increase in launches by the traditional space industry in China and the development of a private space sector in recent years.

    China currently has four national launch centers that mainly support launches of Long March rockets from China Aerospace Science and Technology Corp. (CASC), the state’s main space contractor. Increasing launch activity and numbers of launch service providers could however be constrained by a bottleneck in launch facilities.

    Dou Xiaoyu, a deputy to the National People’s Congress (NPC), the top Chinese legislative body, and a vice chairperson at China Aerospace Science and Industry Corp. (CASIC), a giant state-owned enterprise, called for a Chinese commercial spaceport project in order to meet an expected surge in demand for space launch services.
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  2. #122
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    "China’s Xingyun announces massive funding round"

    https://spacewatch.global/2021/03/ch...che=1616067821

    Xingyun, a Chinese state-run narrowband constellation, announced a massive RMB 2.63 billion round of funding, China Space News (中国航天报) reported, describing it as China’s largest funding round into Industrial IoT.

    The funding round was led by several blue-chip investors, including ICBC Investment, China Merchant’s Capital, and Shenzhen Capital Group.

    The Xingyun constellation is expected to be an enabler of CASIC’s “CASICloud” Industrial IoT business model. The company, one of China’s large, powerful SOEs, has been trying to find commercial areas into which it can expand, given the relatively inelastic nature of demand in its core vertical, namely missiles, Dongfang Hour said.
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  3. #123
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    "First Wuhan-manufactured commercial rocket ready for launch post pandemic"

    https://www.globaltimes.cn/page/202103/1219675.shtml

    The first locally manufactured commercial launch vehicle in Wuhan, capital of Central China's Hubei Province and the region hardest hit by the COVID-19 epidemic at the beginning of 2020, is now undergoing final-stage testing and is ready for launch anytime, according to developers on Sunday.

    Preparations have been completed on four new rockets which are awaiting orders for launch. The first of the Wuhan-manufactured launch vehicles will be codenamed Xinzhou after its birthplace in Wuhan's Xinzhou district, sources with the Kuaizhou Rocket Complex at the Wuhan National Aerospace Industrial Base told the Global Times in an exclusive interview on Sunday.
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  4. #124
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    "China’s commercial sector finds funding and direction"

    https://spacenews.com/chinas-commerc...and-direction/

    China has experienced an explosion of commercial space companies since 2014, driven by the government opening up the space sector to private capital.

    According to Chinese publication Future Aerospace, there were 141 registered commercial aerospace companies in China by the end of 2018, in areas including launch, propulsion, satellite manufacturing, payloads and applications and ground stations. And investor enthusiasm for these space companies continues to rise.

    2020 saw investment of $933 million (6 billion Chinese yuan) in China’s commercial aerospace sector, more than three times the $296 million in 2019, according to Chinese data platform Tianyancha.
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  5. #125
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    "China's private space company aims to launch a foreign satellite in 2022"

    https://www.globaltimes.cn/page/202105/1223379.shtml

    China's leading private space enterprise is planning to complete an international satellite launch in 2022, which will be the first international space launch done by a Chinese private space company.

    Galactic Energy, the private-owned company, signed a strategic cooperation agreement with China Volant Industry Co (VOLINCO) on Thursday in Beijing to jointly develop the international market for the Ceres-1 rocket, aiming to complete Chinese domestic private firm's first international space launch in 2022.
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  6. #126
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    "New satellite production facility begins operations"

    http://www.ecns.cn/news/2021-05-13/d...f9042607.shtml

    China's first smart manufacturing plant for satellites went into operation in Hubei's provincial capital, Wuhan, on Thursday morning. According to Lyu Dongming, chairman of CASIC Space Engineering Development and owner of the plant, the site is able to produce as many as 240 satellites annually.

    The first one to be made at the plant rolled off the assembly line at a commencement ceremony attended by project managers and officials from central and provincial government.

    The communications satellite, which has yet to be named, is expected to be launched in the near future.
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  7. #127
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    "China launches commercial asteroid hunter and 3 other satellites into space"

    https://www.space.com/china-launches...ting-satellite

    Aboard was the Yangwang-1 spacecraft for Chinese space resources company Origin Space. The firm describes (Chinese) the small satellite as China’s first optical space telescope. It has a wide field of view and collects visible and ultraviolet light to detect near-Earth asteroids.
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  8. #128
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    "Chinese rocket companies are preparing for hop tests"

    https://spacenews.com/chinese-rocket...for-hop-tests/

    A number of Chinese rocket firms are preparing to carry out first hop tests in a bid to develop reusable launch vehicles.

    Beijing Deep Blue Aerospace Technology Co., Ltd., carried out a 10-second static fire test of the 7.3-meter-high “Nebula-M” technology verification test vehicle, the company announced July 13.

    Deep Blue Aerospace plans to follow up with a variable thrust test before attempting vertical takeoff, vertical landing tests with the Nebula-M. No timeline for the attempts was provided.
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