LandSpace Completes 500 million RMB C-Round of Funding
10 December 2019
LandSpace, now China’s most well-funded private launch company, completed a 500 million Yuan (US$71M) C Round of funding this week, with the company concurrently announcing that their total fundraising in 2019 has exceeded 600 million Yuan, following a 100 million Yuan B++ round earlier in the year. The current round was led by Country Garden, a major real estate development company and existing investor in a variety of Chinese commercial space companies.
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China 's launch technology has reached a "certain level of maturity"
13 December 2019
There have 29 successful rocket launches in China this year and with a few more scheduled for the last days of 2019. "After decades of development, China's space launches have shifted from previous scientific experiments to practical application, which has led to an increase in the number and scale of launches," said Wang Ya'nan, chief editor of Aerospace Knowledge magazine. China 's launch technology has reached a "certain level of maturity," Wang said. But there is still a gap between China and leading nations in terms of aerospace infrastructure and new-generation power systems. That difference will not be easy to narrow within a short time, he said.
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China's civil aviation outlines roadmap for Beidou system application
13 December 2019
The Civil Aviation Administration of China has released the roadmap for the application of Beidou, the navigation satellite system developed by China. The three-phase roadmap listed specific targets for 2021, 2025 and 2035 to eventually foster a global navigation satellite system with Beidou as the core that is compatible with other systems.
By the end of 2035, the civil aviation sector should gradually see full coverage of the Beidou application to enhance the safety and efficiency of the industry.
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Yutu 2 sets the record for longest operational period for a rover on the Moon
12 December 2019
Yutu 2 has set the record for operating the longest among rovers on the moon, with over 11 months so far, according to the Lunar Exploration and Space Programme Centre of the CNSA. Before Yutu 2, the Soviet Union's Lunokhod 1 Moon rover that landed on the Moon in 1970 held the record for the longest operational rover with 321 days, or 10 and half months. Chang'e 4's lander and the rover are in their 12th dormancy.
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