Thursday, January 21, 2021

China’s surging private space industry is out to challenge the US

Recommendable! The acceleration of the space race appears imminent! I believe India is not very far behind and so on.

"China’s space program might have been slowed by the pandemic in 2020, but it certainly didn’t stop. The year’s [2020] highlights included sending a rover to Mars, bringing moon rocks back to Earth, and testing out the next-generation crewed vehicle that should take taikonauts into orbit ...
But there were a few achievements the rest of the world might not have noticed. One was the November 7 launch of Ceres-1, a new type of rocket that, at just 62 feet in height, is capable of taking 770 pounds of payload into low Earth orbit. The launch sent the Tianqi 11 communications satellite into space. ... Ceres-1, however, wasn’t built and launched by China’s national program. It was a commercial rocket—only the second from a Chinese company ever to go into space. And the launch happened less than three years after the company was founded. ...
China is set to build a new space station later this year and will likely attempt to send its taikonauts to the moon before the decade ends. ...
the [Chinese] government thinks its commercial space sector can be complementary to the state ...
The space industry is undergoing a renaissance thanks to two big trends spurred by the commercial industry: we can make satellites for less money by making them smaller and using off-the-shelf hardware; and we can also make rockets for less money, by using less costly materials or reusing boosters after they’ve already flown ...
In 2014, a year after Xi Jinping took over as the new leader of China, the Chinese government decided to treat civil space development as a key area of innovation ...
As a result, there are now 78 commercial space companies operating in China, according to a 2019 report by the Institute for Defense Analyses. More than half have been founded since 2014, and the vast majority focus on satellite manufacturing and launch services. ..."

China’s surging private space industry is out to challenge the US | MIT Technology Review An explosion of space startups in China is supercharging tech innovation, opening new markets around the world, and expanding the country's influence.

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