Quarterly comprehensive analysis of the events in the Chinese commercial space sector, including satellite industry, technological developments, funding updates, and relevant M&A.
A quarterly update on key events in the Chinese commercial space sector. China’s space industry has grown rapidly over the past decade. While much of this growth has come from the state sector, an increasingly large commercial space industry has emerged since 2014, when the government relaxed investment restrictions for certain parts of the space industry.
This commercial sector now counts half a dozen launch companies with >US$100M funding raised and a couple dozen more that have yet to reach that threshold. The country is launching tens of commercial EO satellites per year, and planning a broadband mega-constellation that may rival those in the west. Much of these activities will remain under the purview of the state-owned enterprises, but many will be done by the commercial sector.
In Euroconsult’s China Space Industry Quarterly Report, we conduct a deep-dive into the sector on a quarterly basis, providing KPIs related to launching, satellites manufactured, funding, and others, as well as strategic discussion and analysis around all major updates from the Chinese commercial space sector during the quarter, with our Q1 2021 Special Edition also including an update on H2 2020 (this due to our CSIR 2020 Annual Report published in Q2).
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