13 October 2015
The Chinese investment fund, Cybernaut, signed yesterday at the second Chinese-Russian Expo in Harbin (China) an agreement with the Russian space technology company, Dauria Aerospace, to invest $70 million to develop 10 satellites as part of the Urban Observer project to conduct daily imaging of the world's 100 largest cities with an accuracy of 0.7 meters per pixel. A joint venture will be created in Hong Kong.
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