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.
From the press release: From the moment he is handed a possibility of making the first alien contact, Saunders Maxwell decides he will do it, even if doing so takes him through hell and back.
Unfortunately, that is exactly where that journey takes him.
The vision that Zimmerman paints of vibrant human colonies on the Moon, Mars, the asteroids, and beyond, indomitably fighting the harsh lifeless environment of space to build new societies, captures perfectly the emerging space race we see today.
He also captures in Pioneer the heart of the human spirit, willing to push forward no matter the odds, no matter the cost. It is that spirit that will make the exploration of the heavens possible, forever, into the never-ending future.
Available everywhere for $3.99 (before discount) at amazon
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you don't support the big tech companies and I get a bigger cut much sooner.