02 February 2021
At around 16:00 on 1 February 2021, BJT, i-Space’s Hyperbola-1 (Shian Quxian-1) rocket failed in its 2nd launch in an attempt to orbit the small Fangzhou-2 (Ark-2) satellite from the Jiuquan Satellite Launch Centre. i-Space stated that the company will immediately investigate and review the cause of the failure to reset the launch mission. It was the first failure of the world’s aerospace industry in 2021, and the third failure of Chinese private aerospace companies in recent years.
Questions Remains For Private Aerospace Startups. Commercial aerospace has never been a pursuit of pure technology advancement. It has an emphasis of cost justifiable performance and the pursuit of becoming a profitable business. There are still many questions remain for China’s growing private aerospace startups.
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03 February 2021
Private satellite firm Beijing Commsat Technology Development Co announced on Wednesday that it has received financing from the China Internet Investment Fund (CIIF). Experts said the move shows the government is paying more attention to the private sat-ellite internet sector. This is the first time that the CIIF has been involved with a private space business, and it is also the seventh round of financing completed by Commsat.
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03 February 2021
Sergey Savelyev, Deputy Director General for International Cooperation at Roscosmos, told TASS that he is in talks with his Chinese colleagues to determine scientific tasks for a lunar base and to discuss technical aspects of the project’s implementation: "At present, work is under way to determine possible scientific tasks of mutual interest in the Moon research. Besides, possible technical implementation of the project is being analyzed," he said.
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02 February 2021
Shanghai will be hosting the 1st Shanghai International Commercial Aerospace Exhibition from 15 to 19 September 2021 at Shanghai Hongqiao International Airport. The exhibition will feature an aeroengine forum, a superalloy industry summit, a commercial aircraft conference, a commercial aerospace financial and technological symposium and a business-matching workshop for small aerospace enterprises in the Yangtze River Delta. Educational activities will be arranged for the public to promote aviation and space knowledge. The exhibition will replace the Beijing Airshow, will alternate with the Zhuhai Airshow and will be in direct competition with the Paris Air Show in LeBourget.
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