Aaj TV English News - Technology https://english.aaj.tv/ Aaj TV English en-Us Copyright 2026 Sat, 18 Apr 2026 20:19:59 +0500 Sat, 18 Apr 2026 20:19:59 +0500 60 Beijing set to launch Satellite Town as China’s aerospace industry grows https://english.aaj.tv/news/330457110/beijing-set-to-launch-satellite-town-as-chinas-aerospace-industry-grows <p><strong>The core area of Beijing’s Satellite Town, designed as a hub ​for satellite manufacturers and operators, ‌will be completed in the second half of 2026, state-owned media <em>Beijing Daily</em> reported on ​Saturday.</strong></p> <p>- Commercial launches now account ​for over 60% of all space launches ⁠and a number of companies are ​rushing to go public, Beijing Daily ​said.</p> <p>- Gao Yibin, head of the Strategic Research Department at Future Aerospace, said with the acceleration ​of launch approvals, the localisation of ​components and the continued injection of capital by ‌industrial ⁠funds, China’s trillion-yuan commercial space market is moving towards standardisation and scale</p> <p>- “The accelerated implementation of scenarios such as low-Earth ​orbit constellation ​networking, satellite ⁠internet, space computing power, and 6G air-space-ground integration suggests sustained ​growth is expected in 2026,” ​said ⁠Gao.</p> <p>- The Beijing Satellite Town will provide support to develop the aerospace ⁠industry ​by fostering industrial clustering ​and enabling talent, capital and technology to flow efficiently.</p> The core area of Beijing’s Satellite Town, designed as a hub ​for satellite manufacturers and operators, ‌will be completed in the second half of 2026, state-owned media Beijing Daily reported on ​Saturday.

- Commercial launches now account ​for over 60% of all space launches ⁠and a number of companies are ​rushing to go public, Beijing Daily ​said.

- Gao Yibin, head of the Strategic Research Department at Future Aerospace, said with the acceleration ​of launch approvals, the localisation of ​components and the continued injection of capital by ‌industrial ⁠funds, China’s trillion-yuan commercial space market is moving towards standardisation and scale

- “The accelerated implementation of scenarios such as low-Earth ​orbit constellation ​networking, satellite ⁠internet, space computing power, and 6G air-space-ground integration suggests sustained ​growth is expected in 2026,” ​said ⁠Gao.

- The Beijing Satellite Town will provide support to develop the aerospace ⁠industry ​by fostering industrial clustering ​and enabling talent, capital and technology to flow efficiently.

]]> Technology https://english.aaj.tv/news/330457110 Sat, 18 Apr 2026 16:36:06 +0500 none@none.com (Reuters) People look at the city skyline at a rooftop of a building in Beijing, China. – Reuters file