China’s NewSpace: Mapping of its 60+ Start-ups

Introduction Chinese space has been a very hot topic in recent years. Other than the impressive space exploration missions (Tiangong, Chang’e…), the interest for China is also due to the recent opening up of this industry to private investments, which has led to a leap in the number of space start-ups. These start-ups, supported by venture capital heavy-weights are covering the entire space industrial chain: … Continue reading China’s NewSpace: Mapping of its 60+ Start-ups

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