Government News
Spaceflight academy goes commercial 2016-11-02
THE Shanghai Academy of Spaceflight Technology plans to break into the commercial market with the launch of a satellite for tracking shipping in the first half of next year.
The academy's previous business has relied on the public sector and the military. But this satellite, being put into orbit on a Long March 4C rocket, is being funded by Beijing-based company China Head Aerospace Technology Company.
The two parties signed a strategic agreement during an aviation exhibition yesterday in Zhuhai, Guangdong Province.
The academy's previous business has relied on the public sector and the military. But this satellite, being put into orbit on a Long March 4C rocket, is being funded by Beijing-based company China Head Aerospace Technology Company.
The two parties signed a strategic agreement during an aviation exhibition yesterday in Zhuhai, Guangdong Province.
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