Space Business and Industry News at SpaceMart.com

June 01, 2016

Chine's satellite industry eyes global satellite market
Beijing (XNA) Jun 01, 2016
China is likely to be building and supplying at least 10 percent of the world's satellites by 2020, according to a leading space researcher. "A forecast by a foreign consultancy said that around 1,000 satellites will be launched by 2020 to meet the demands of the market, and we believe Chinese-developed satellites will account for more than 10 percent of that market," said Yuan Minhui, the director of the Beijing Institute of Space Science and Technology Information. Yuan, who spoke to China ... read more

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