Space Transportation (凌空天行), yet another Chinese launcher start-up entering the NewSpace race

Yet another new Chinese launcher start-up has been revealed and put into the spotlight this week: Space Transportation (which is a rough translation of its Chinese name: 凌空天行). The company was actually founded back in August 2018, but had been keeping a low profile ever since. However last Thursday, Source Code Capital (源码资本) published on its WeChat official account that “it had provided Space Transportation … Continue reading Space Transportation (凌空天行), yet another Chinese launcher start-up entering the NewSpace race

China’s New Space: a deep dive into the world’s fastest growing commercial space industry

Introduction China’s history with space is essentially that of large state corporations, even to this day. Until very recently, almost all of China’s space industry could be linked to just two state conglomerates: CASC (China Aerospace Science and Technology Corporation), and CASIC (China Aerospace Science and Industry Corporation). The year 2014, however, marked a radical change of mindset. At a State Council executive meeting, Premier … Continue reading China’s New Space: a deep dive into the world’s fastest growing commercial space industry