5 companies · 2 news items
2018 · Shanghai (Xuhui); registered in Zhejiang
20 Aug 2026 MIIT approves Geespace's commercial trial of satellite IoT services
2018 · Shanghai
18 Aug 2026 SpaceSail closes RMB 6.975 billion capital increase at a RMB 50 billion valuation
2021
16 Aug 2026 Long March 12 launches satellite-internet LEO Group 24
1999 · Beijing
04 Aug 2026 Long March 8A launches SatNet's Satellite Internet Low Orbit Group 23; CASC is prime contractor for both rocket and satellites
Beijing
31 Jul 2026 CASIC Rocket Technology renamed Kuaizhou Aerospace, taking the 「航天科工」 sign down
On 20 August MIIT approved Geely-owned Geespace to run a two-year commercial trial of satellite IoT services on phase one of the Geely Future Mobility Constellation — the first such licence for a private company.
Qianfan constellation operator SpaceSail closed a RMB 6.975 billion capital increase; a consortium led by the China Reform Holdings phase-two fund contributed RMB 5.764 billion, valuing the company at about RMB 50 billion.