iSpace plans eight launches in 2020
After its first successful orbital mission last week, China’s semi-private rocket company iSpace announced today that it hopes to complete eight launches in 2020.
Clients from Singapore, Italy, Spain, Hong Kong and Sri Lanka, as well as mainland customers, have already either signed up for a spot on iSpace’s rockets or expressed interest.
iSpace is open to both private and government clients. “It’s the same for us whether it’s a private or a state-owned company,” Vice President for Marketing and Communications Yao Bowen said.
The price tag to launch a rocket is 4.5 million euros ($5 million), Yao added.
This launch price is just under what Rocket Lab has been charging, $6 million, and is clearly designed to take business from them. It is however higher than what Vector says it will charge, $4 million, should that company ever get its rocket off the ground.
The article also notes the investment capital raised by iSpace, totaling just over $100 million. This does make this company appear a private company, but don’t believe it. Its existence is very much tied to and supervised by the Chinese government.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit.
The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
After its first successful orbital mission last week, China’s semi-private rocket company iSpace announced today that it hopes to complete eight launches in 2020.
Clients from Singapore, Italy, Spain, Hong Kong and Sri Lanka, as well as mainland customers, have already either signed up for a spot on iSpace’s rockets or expressed interest.
iSpace is open to both private and government clients. “It’s the same for us whether it’s a private or a state-owned company,” Vice President for Marketing and Communications Yao Bowen said.
The price tag to launch a rocket is 4.5 million euros ($5 million), Yao added.
This launch price is just under what Rocket Lab has been charging, $6 million, and is clearly designed to take business from them. It is however higher than what Vector says it will charge, $4 million, should that company ever get its rocket off the ground.
The article also notes the investment capital raised by iSpace, totaling just over $100 million. This does make this company appear a private company, but don’t believe it. Its existence is very much tied to and supervised by the Chinese government.
On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.
The print edition can be purchased at Amazon. from any other book seller, or direct from my ebook publisher, ebookit. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.
The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News
“This launch price is just under what Rocket Lab has been charging, $6 million, and is clearly designed to take business from them”
Given the support “private” Chinese companies get from the government (nothing is truly private in that country), it would seem a case can be made for predatory pricing. Of course, the WTO would take forever and the Chinese would neither pay damages or revise their business methods if the ruling went against them (See World Court decision on the South Chinas Sea). Anyone still think “Trump’s Trade War” is misbegotten and that things are just fine?
“should that company ever get its rocket off the ground.”
Bob, you sly dog, was that deliberate?