Space Industry and Business News  
SPACEMART
Private firms expected to help build space station
by Staff Writers
Beijing (XNA) Apr 30, 2021

File illustration showing debut mission of the Tianzhou-class unmanned cargo spacecraft docking with China's Tiangong II space laboratory.

Commercial enterprises will have opportunities to take part in the construction and operation of the nation's space station, according to a senior space official.

Hao Chun, head of the China Manned Space Agency, told China Daily in an interview earlier this month that his agency, which administers the space station program, will take advantage of private space companies' technologies and capabilities to help State-owned contractors build and maintain the station.

"Actually, we have already started inviting private companies to offer their solutions to us. For instance, we invited bids for new concepts of cargo transportation to our space station and then received proposals from more than 10 private enterprises," Hao said. "Next, we will review those proposals and select and support the good ones."

If the selected companies prove to be competent and qualified, the agency will consider commissioning them to fulfill cargo transportation missions for the station, according to him.

Currently, China has only one type of cargo spaceship-the Tianzhou, which was developed by State-owned space giant China Aerospace Science and Technology Corp. Tianzhou 1 performed resupply and refueling tests with the Tiangong II space laboratory in 2017, while Tianzhou 2 is scheduled to be launched in the coming months to dock with the core capsule of the space station.

"The participation of commercial space enterprises will give us greater flexibility and offer us more convenience in terms of the operation and maintenance of the space station, and it will also help us reduce our overall costs," Hao said, also suggesting that private companies should understand the space station program's demands and look into available opportunities to make the best use of their expertise.

The official also said that the rapidly expanding commercial space sector will become a major driving force for China's space industry.

In the wake of the intensifying contest in the global space arena, China has realized that it is necessary to introduce new players to stimulate innovation and competition and to fill in market gaps left by established contractors.

As an important part of his endeavor to strengthen China's space industry, President Xi Jinping has requested that the long sheltered industry open its doors to private enterprises and capitalize on their participation to boost sustainable growth.

Meanwhile, several government departments have published policies and guidelines that encourage private enterprises to take part in space-related businesses.

Due to the government's support and thriving business demands, dozens of domestic private space companies have emerged and obtained some market share in the carrier rocket and satellite industries.

Source: Xinhua News Agency


Related Links
China Manned Space Agency
The latest information about the Commercial Satellite Industry


Thanks for being here;
We need your help. The SpaceDaily news network continues to grow but revenues have never been harder to maintain.

With the rise of Ad Blockers, and Facebook - our traditional revenue sources via quality network advertising continues to decline. And unlike so many other news sites, we don't have a paywall - with those annoying usernames and passwords.

Our news coverage takes time and effort to publish 365 days a year.

If you find our news sites informative and useful then please consider becoming a regular supporter or for now make a one off contribution.
SpaceDaily Contributor
$5 Billed Once


credit card or paypal
SpaceDaily Monthly Supporter
$5 Billed Monthly


paypal only


SPACEMART
Ozmens' SNC Launches Sierra Space, an independent commercial space company
Sparks NV (SPX) Apr 23, 2021
Sierra Nevada Corporation (SNC), the global aerospace and national security leader, announced the creation of Sierra Space, a new commercial space company. The new company's "space-as-a-service" business model will leverage cutting-edge technologies, such as Dream Chaser spaceplanes and expandable LIFE habitats, within the fast-growing new space economy, which is projected to grow to $1.4T by 2030. With assets transitioned from the SNC's Space Systems business area, Sierra Space will deliver the f ... read more

Comment using your Disqus, Facebook, Google or Twitter login.



Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle

SPACEMART
SSTL signs up Space-Eyes for NovaSAR data

ESA to build second deep space dish in Australia

Setting sail for sustainable space

Hot and cold space radio testing

SPACEMART
Hydra project demonstrates advanced communications across all domains

Eutelsat invests in OneWeb, future SpaceX rival

Northrop Grumman designs protected Tactical SATCOM Payload Prototype for the Space Force

Japan-Germany international joint experiment on space optical communication

SPACEMART
SPACEMART
EU space regulation ready to take off with the creation of the EUSPA

GSA commissions RUAG to study more accurate satellite navigation

GPS tracking could help tigers and traffic coexist in Asia

US Army Geospatial Center Upgrades OGC Membership to Advance Open Systems

SPACEMART
Lofted by NASA balloons, new experiments will study Sun-Earth system

F-15E fighter planes deliver munitions to UAE

Egypt orders 30 more fighter jets from France: sources

Airbus to transform its European set-up in aerostructures

SPACEMART
A silver lining for extreme electronics

Intel tops expectations as chip demand high

Taiwan's worst drought in decades deepens chip shortage jitters

Scientists combine light, superconductors to power large-scale AI

SPACEMART
NanoAvionics adds satellite twin to Aurora Insight global wireless spectrum mission

China launches Yaogan-34 remote sensing satellite

BlackSky Increases Capacity as Latest Satellite Enters Commercial Operations

China's Fengyun weather data freely available for EO applications

SPACEMART
Genetically modified grass used clean soil pollutants at military test sites

Polluted Lebanon lake spews out tonnes of dead fish

Plastic pollution in the deep sea: A geological perspective

Toxic fluorocarbons - Not just in ski waxes









The content herein, unless otherwise known to be public domain, are Copyright 1995-2024 - Space Media Network. All websites are published in Australia and are solely subject to Australian law and governed by Fair Use principals for news reporting and research purposes. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA news reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. All articles labeled "by Staff Writers" include reports supplied to Space Media Network by industry news wires, PR agencies, corporate press officers and the like. Such articles are individually curated and edited by Space Media Network staff on the basis of the report's information value to our industry and professional readership. Advertising does not imply endorsement, agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. General Data Protection Regulation (GDPR) Statement Our advertisers use various cookies and the like to deliver the best ad banner available at one time. All network advertising suppliers have GDPR policies (Legitimate Interest) that conform with EU regulations for data collection. By using our websites you consent to cookie based advertising. If you do not agree with this then you must stop using the websites from May 25, 2018. Privacy Statement. Additional information can be found here at About Us.