China launches first private rocket capable of carrying satellites
by Staff Writers
Beijing (AFP) July 25, 2019
A Chinese startup successfully launched the country's first commercial rocket capable of carrying satellites into orbit Thursday, as the space race between China and the US heats up.
Beijing-based Interstellar Glory Space Technology -- also known as iSpace -- said it launched two satellites into orbit around 1:00 pm Beijing time (0500 GMT) from Jiuquan, a state launch facility in the Gobi desert.
The three-year-old company is one of dozens of Chinese rivals jostling for a slice of the global space industry, estimated to be worth about $1 trillion by 2040 according to Morgan Stanley.
The sector is currently dominated by SpaceX and Blue Origin in the US.
But Chinese startups are mostly focused on building technology to launch microsatellites instead of space tourism like their US counterparts, a spokeswoman for iSpace said.
Microsatellites are typically no larger than a shoebox and are used to monitor crops, weather patterns or disaster sites or used by universities for research purposes.
They are cheaper to build and easier to deploy than traditional truck-sized versions and their launch has become a lucrative market, currently dominated by the Indian space programme.
The 20-metre (66-foot) rocket designed by iSpace named Hyperbola-1 reached an altitude of 300 kilometres (186 miles), according to a statement on the company's official WeChat social media account.
The company declined to say how much it cost them to build the rocket.
Two other private Chinese rocket builders, LandSpace and OneSpace, have both failed to launch their rockets into orbit in the last year.
Once dominated by state research agencies and the military, China allowed private companies to enter the space industry to build and launch satellites in 2014.
But in June Beijing tightened supervision of the sector, issuing new guidelines that said private players needed to get state permission before embarking on space-related research or manufacturing.
Chinese scientists say goodbye to Tiangong-2
Beijing (XNA) Jul 23, 2019
After helping scientists complete many significant experiments such as growing rice and vegetables in space, observing the strongest explosions in the universe and setting up the most precise clock in space, China's first space lab Tiangong-2 ended its mission and reentered the atmosphere under control Friday night (Beijing Time). With deep attachment, Chinese scientists recalled the experience of participating in the design and implementation of the space experiments on Tiangong-2 and also looked ... read more
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.|