24 August 2017
A new player in the space race is planning to launch 20 satellites by the end of 2018. Spacety Co Ltd will use most of them to supply data to research institutions and other business customers. "Some will be involved in microgravity experiments," said Yang Feng, CEO of the company.In the past, Chinese scientists found it difficult to conduct research in space. But now Spacety, which is based in Changsha, Hunan province, is offering a one-stop service at an affordable price to solve that problem. "This is a business model that turns out to be viable," said Yang.
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