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

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

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

A Retrospective on China’s Aircraft Cabin Industry

The Chinese aircraft interiors industry is a domain which has seen spectacular development in recent years, both through organic growth and international acquisitions. China’s aircraft interiors industry before the 2000s is unclear. Although it is very likely that some form of industry existed due to China’s development of military aircrafts, we may only presume that it was very weak in the civilian aircraft sector due … Continue reading A Retrospective on China’s Aircraft Cabin Industry

What’s the Chinese Aviation Industry like? 5 Facts & Figures

Figures in this article are based on the China Civil Aviation Report, published by the MIIT (Ministry of Industry and Information Technology) in 2017 China’s aviation industry is, as you already know, highly state-driven and composed essentially of state-owned conglomerates. Historically it has always been considered a strategic industry due to its role as a military asset, although increasing importance has been  given to its … Continue reading What’s the Chinese Aviation Industry like? 5 Facts & Figures