Update on China’s pseudo-private commercial launch industry
Link here. Unlike past Space News articles which generally made believe these privately funded Chinese companies were truly private, the article at the link today is very clear about the close supervision maintained by the Chinese communist government over these companies. They might get funding through private investment capital, but everything they do is approved by their government.
A 2014 central government policy shift opened the Chinese launch and small satellite sectors to private capital. Since then around 20 launch vehicle-related firms have been established in China.
These commercial launch companies are being supported by a national strategy of civil-military fusion. This includes facilitating the transfer of restricted technologies to approved firms in order to promote innovation in dual-use technology. The State Administration for Science, Technology and Industry for National Defense (SASTIND) oversees activities.
Provincial and local governments are also providing support for space companies as they look to attract high-end and emerging technology firms.
The initial focus of the article is on iSpace, also called Interstellar Glory Space, which is planning another fund-raising round. This company, whose Hyperbola-1 solid rocket reached orbit for the first time in 2019, is now designing a liquid-fueled rocket whose first stage will be reusable.
The article also gives a quick review of some of the other Chinese companies.
It is all part of the new colonial movement, the international race to gain dominance in space. The competition is presently fierce, and should only become fiercer based on China’s decision to encourage internal competition.
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 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
Link here. Unlike past Space News articles which generally made believe these privately funded Chinese companies were truly private, the article at the link today is very clear about the close supervision maintained by the Chinese communist government over these companies. They might get funding through private investment capital, but everything they do is approved by their government.
A 2014 central government policy shift opened the Chinese launch and small satellite sectors to private capital. Since then around 20 launch vehicle-related firms have been established in China.
These commercial launch companies are being supported by a national strategy of civil-military fusion. This includes facilitating the transfer of restricted technologies to approved firms in order to promote innovation in dual-use technology. The State Administration for Science, Technology and Industry for National Defense (SASTIND) oversees activities.
Provincial and local governments are also providing support for space companies as they look to attract high-end and emerging technology firms.
The initial focus of the article is on iSpace, also called Interstellar Glory Space, which is planning another fund-raising round. This company, whose Hyperbola-1 solid rocket reached orbit for the first time in 2019, is now designing a liquid-fueled rocket whose first stage will be reusable.
The article also gives a quick review of some of the other Chinese companies.
It is all part of the new colonial movement, the international race to gain dominance in space. The competition is presently fierce, and should only become fiercer based on China’s decision to encourage internal competition.
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 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
“very clear about the close supervision maintained by the Chinese communist government”
And it’s coming to America with the new administration! The left has never seen a business that they don’t think can be improved by government regulation and supervision. After all, every business only exists to exploit the people!!