16 July 2018
Nearly 10 private rocket firms have been launched in China over the past three years. Among them, i-Space and OneSpace Technology, two startups based in Beijing, have taken leading positions, as each has launched a test rocket developed on their own to verify their designs and equipment. The two have made it clear that they have no intention of grabbing government-funded missions from State-owned space giants, namely China Aerospace Science and Technology Corp and China Aerospace Science and Industry Corp, but aspire to satiate the huge demand in launch service from newly founded satellite companies, most of which also are privately owned.
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