https://www.yicaiglobal.com/news/galaxyspace-to-build-east-china-super-factory-to-mass-produce-low-cost-satellites New infrastructure greets a boom. Chinese satellite start-up Galaxy Space announced Thursday it will build a satellite mega factory in Nantong, East China’s Jiangsu Province, which will be able to achieve mass production with a relatively low cost, producing one satellite a day.
GalaxySpace, which started operating in 2018, has low-orbit broadband satellite communication technology capabilities. The GalaxySpace Star it successfully launched on Jan. 16 is China’s first low-orbit broadband private communications satellite with a communication capacity of 10 gigabytes per second, and its signals can beam over 300,000 square kilometers.
The launch star of GalaxySpace has verified low-orbit Q/V/Ka and other frequency band communications for the first time in the world, and recently achieved the country’s first low-orbit satellite internet fifth-generation wireless communication network test. The company’s latest value is likely to be over USD1 billion.