China’s plan to compete with SpaceX

China is ramping up plans for government-sponsored satellites to beam internet from space, taking on U.S. rivals like SpaceX and Amazon in the race to own the next frontier of connectivity.

Why it matters: There’s growing concern that China is trying to enter the space internet market with the same strategy it used on earth with Huawei and 5G — use a state-backed company to undercut competitors and spread global influence.

What’s happening: China is attempting to launch its own network to rival global competitors.

  • China’s “StarNet” would launch 10,000 satellites in the next 5 to 10 years, according to
Read More
Load More Posts