30 January 2018
Space technology proves attractive to investment. Last December, CASIC Rocket Technology Company, China’s first commercial rocket launch company, raised 1.2 billion yuan ($181.5 million) for the development and launch of its Kuaizhou series carrier rockets. The establishment of more and more such space startups has directed increasing investment to the space industry, said Tan Kaijia, a professor with the National Defense University of the People’s Liberation Army.
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