China Opens Space and Unleashes The Power Of Its Private Sector

China Opens Space and Unleashes The Power Of Its Private Sector

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The Chinese government and private companies came together to boost space development. The last time something like this happened was with AI.

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China Opens Space and Unleashes The Power Of Its Private Sector

In a new move to boost space development, China has opened up space to private companies. China’s space program is heavily linked with the military and wrapped up in secrecy. However, recent Chinese space accomplishments, rovers on the Moon and Mars, new satellites and new space stations were primarily developed by government efforts.

The U.S. brought in the private sector as a strategy to boost its space program and develop expensive and ambitious new projects. Now China is doing the same. The last time China used national private companies to increase development was when it declared Artificial Intelligence a national priority. Fast forward a few years, Chinese AI dominates globally.

At the 7th China (International) Commercial Aerospace Forum, national private companies presented many new and ambitious projects, including spaceplanes, space resources, a massive constellation of satellites and more. One of the companies at the event was the space giant China Aerospace Science and Industry Corp. (CASIC). The Ministry of Science and Technology, China National Space Administration, and other government arms sponsored and supervised the event.

Hundreds Of New Companies Driving Space Ambitions

CASIC said that the Xingyun constellation — made up of 80 satellites is moving full speed ahead. The corporation announced that the intelligent space satellite production factory was operating. They are now launching rockets from their own rocket park in the city of Wuhan. Today the rocket park and smart sat factory produce 20 solid-fuel launches and 100 satellites per year but plans to increase capacities are on their way. CASIC is also working on the Tengyun spaceplane, recently flight-testing an advanced turbine-based combined cycle engine in the Gobi desert.

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CASIC is not the only private company developing space planes in China. The China Aerospace Science and Technology Corp. and iSpace also presented their plans for space planes and space crafts. iSpace has designed two missions to the Moon, which they assure will be the first commercial missions to the natural satellite. China is getting some inspiration from U.S. companies. Local companies in China are looking into space tourism with suborbital and orbital flights. And Deep Blue Aerospace is developing a reusable launcher that looks very much like the Heavy Falcon of SpaceX.

The event’s main themes were IoT space networks, multi-purpose satellite constellations, space resources (mining) and taking the Chinese space sector to a new level with private participation. While the U.S. has its eye on Chinese military space vehicles, it may have overlooked and underestimated the impact that the Chinese private sector will have. Hundreds of new companies have responded to the government’s call to “start a new journey for commercial aerospace” in China. It is only a matter of time until their full power and capabilities are unleashed into space.

Link Source : https://screenrant.com/chinese-companies-boost-space-development/

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