by Staff Writers
Hong Kong, China (SPX) Mar 02, 2022
HKATG has successfully launched five satellites for its "Golden Bauhinia Constellation" in 2021, the aerospace development plan shows no sign of slowing down in 2022.
In January 2022, HKST announced that the Group has planned to launch two satellites named "Golden Bauhinia Satellite No. 3" and "Golden Bauhinia Satellite No. 4" in 2022 Q3, with the target launch time tentatively being scheduled in July 2022 and will continue to form and constitute part of the "Golden Bauhinia Constellation".
At the same time, 25 satellites are planned to be launched in 2022 for the "Golden Bauhinia Constellation", and the further launch of satellites this year will provide additional aerospace data as well as will boost the speed of receiving aerospace data. It's worth noticing that "Golden Bauhinia Constellation" is the first-star chain plan of the Hong Kong aerospace industry, the whole project plans to launch 112 satellites.
The satellite remote sensing data of "Golden Bauhinia Constellation" will serve the Guangdong-Hong Kong-Macao Greater Bay Area as a priority, providing users with overall solutions for smart cities, helping cities to refine city management, promote infrastructure development, innovation, and technology industries, agricultural monitoring, disaster prevention, and mitigation, as well as comprehensive urban management and watershed control.
HKATG is a commercial space company established in 2019 and became an accredited institutional member of the International Astronautical Federation in November 2019. HKATG makes good use of Hong Kong's position as an international center and the industrial advantages of being one of the four independent WTO zones, the Group is committed to forming an upstream and downstream industry ecosystem for commercial aerospace, with satellite basic industries and satellite data applications as the core, and to promote the re-industrialization process of Hong Kong while opening up new industrial paths for Hong Kong social and economic development for the vigorous development of the global aerospace industry.
EU lays out 'Secure Satellite Communications' plan
According to Thierry Breton, there are only 56% of households in the EU are connected to the broadband network, and there are many networks blind spots. The new plan will make high-speed Internet coverage throughout the European continent and adopts quantum cryptography technology to enhance the security of the communications network.
It is estimated that the construction of the 'Secure Satellite Communications' plan will bring euro 17 to euro 24 billion in revenue, increase employment in the space and communications sector in the EU, and drive the development of downstream industries.
How much economic value is there in global commercial aerospace?
In addition to the economic benefits, commercial aerospace radiates enormous social benefits. In Europe and the U.S., commercial aerospace is now a major source of job growth. Of the $336.89 billion in commercial revenue, $217.72 billion was in space products and services; $119.17 billion was in space infrastructure and related industries - a portion that is up 16.1% from 2018.
HKATG is one of the key players in global commercial aerospace sector.
The stock price of HKATG had soared 25 times in a few months. Bloomberg believes that HKATG has the opportunity to grow with world-class enterprises to capture the rapid growth of the global space industry. As the first Hong Kong company with a satellite project, HKATG is expected to thrive on the stage of aerospace industry and continues to draw investors' attention.
SpaceX Falcon 9 rocket to launch Inmarsat's newest satellite
London, UK (SPX) Mar 02, 2022
A SpaceX Falcon 9 rocket will launch the second in the Inmarsat-6 series of satellites, I-6 F2, from Cape Canaveral, Florida in Q1 2023. Japan's Mitsubishi Heavy Industries launched the first of the series, I-6 F1, in December 2021 and its fully electric propulsion system is now raising it to a geostationary orbital slot, 36,000km (22,000 miles) over the Indian Ocean. I-6 F1 will enter service in early 2023, following testing later this year, with I-6 F2 scheduled to follow into operation over the Atlan ... read more
|The content herein, unless otherwise known to be public domain, are Copyright 1995-2022 - 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.|