ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon Print
Business trends

China's space-startup boom fueled by government boost

Country looks to tap into growing commercial rocket and satellite sectors

China became the first country to land a probe on the far side of the moon on Jan. 11, indicative of Beijing's reach for the stars. (China National Space Administration/Xinhua News Agency via AP)

TOKYO/HONG KONG -- China is ramping up a campaign to nurture space startups in an attempt to solidify its technological base and grab the lead in the emerging sector of small satellites and low-cost rocket launches.

Among the highest-profile startups is Shanghai-based LinkSure Network. Founded in 2013, LinkSure is trying to build a constellation of 272 satellites by 2026 to provide satellite-based internet service around the world, with the first satellite set for launch later this year. The company's core members come from a Chinese space agency and the central government.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Discover the all new Nikkei Asia app

  • Take your reading anywhere with offline reading functions
  • Never miss a story with breaking news alerts
  • Customize your reading experience

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more