Thoughts on the “Hype” about China’s NewSpace Launcher Startups – (Part 2/2)

This blogpost is a follow-up of a previous article (part 1/2) discussing the hype about Chinese private launchers. While we previously essentially put emphasis on investment and launch vehicles from an offer standpoint, this second and final post focuses on the demand for launchers, in other words to what extent the small sat market will be able to sustain Chinese launchers. Market Size and Ecosystem … Continue reading Thoughts on the “Hype” about China’s NewSpace Launcher Startups – (Part 2/2)

Thoughts on the “Hype” about China’s NewSpace Launcher Startups – (Part 1/2)

Introduction When discussing the rapid development of China’s private space sector and notably launch vehicles, many observers hint at a bubble: an unhealthy number of startups all pursuing the same scope of activities with similar technical solutions, and unsustainable growth not correlated with market demand. Is this justified? In this blogpost I offer some thoughts and engage in a comparison between Chinese and US NewSpace, … Continue reading Thoughts on the “Hype” about China’s NewSpace Launcher Startups – (Part 1/2)

Who’s Investing in China’s NewSpace? FutureAerospace Provides Some Answers in Latest Report

Note: the figures in this blog post come from FutureAerospace’s latest Commercial Space Investment Race report. In this article I have translated and commented on them. Original report in Mandarin is readily available on the web, for example at [1] or [2]. Yes, China’s NewSpace is growing. But Who is Backing Them? Space industry observers are generally aware that a very significant amount of investment … Continue reading Who’s Investing in China’s NewSpace? FutureAerospace Provides Some Answers in Latest Report

Impressions on the 2019 edition of China Space Day, in Changsha

This blog post inaugurates a more personal article series, that will give an account of my trips and visits in China (exhibitions, rocket launches, visits…). Do let me know what you think in the comments or by private message. This weekend marks the closure of the events surrounding the 4th edition of China Space Day, which took place in Changsha from the 22nd to the … Continue reading Impressions on the 2019 edition of China Space Day, in Changsha

FutureAerospace’s China Commercial Space Investment Report 2018: Highlights

2018 has been a crazy year for Chinese commercial space, and 2019 promises to be even crazier. iSpace raised 110 million RMB on January 3 [1], Minospace raised an estimated 20 million RMB on January 15 [2] , and as I am writing these lines (26/01/2019), Changguang Satellite (CGSTL) just raised a whooping 250 million RMB in an angel round [3]. This has literally smashed … Continue reading FutureAerospace’s China Commercial Space Investment Report 2018: Highlights

Interview with Essential Capital (元航资本) on the Perspectives of Commercial Space in China

Essential Capital (a.k.a 元航资本 in Chinese) is a Chinese VC firm founded in 2015 and based in Beijing. Essential Capital considers itself an early-middle stage investor, with a major focus on “hard tech”.  As an early mover within the VC world into the burgeoning Chinese space industry, the company’s founders gave some interesting insights on the topic in an interview to the Chinese media Iyiyou … Continue reading Interview with Essential Capital (元航资本) on the Perspectives of Commercial Space in China

Overview of Chinese Investments in the Western Aviation Industry

China has achieved a remarkable catch-up in multiple industries, such as high-speed trains, automobile and renewable energies. In some, it is emerging as a global leader (smartphones, home-use electronics, …). In contrast, the aviation industry still lags behind foreign counterparts despite the launch of ambitious national programs and significant government support. Acquiring foreign competitors, setting up JVs with leading-edge players is an effective way to … Continue reading Overview of Chinese Investments in the Western Aviation Industry