Tag: Geespace
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How Many Licenses Does a Chinese Satellite Company Need to Operate a Constellation?
A company can manufacture satellites, launch them, and even complete the initial deployment of a constellation. But charging customers for services still requires regulatory approval. A rocket launch solves the problem of getting into space; legally providing services through a constellation involves an entirely different regulatory chain. On August 20, 2026, China’s Ministry of Industry…
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Geespace Secures License as China’s Satellite IoT Industry Enters a Critical Commercialization Phase
Geespace recently received approval from China’s Ministry of Industry and Information Technology (MIIT) to conduct commercial trials of satellite Internet of Things services, becoming the second private company in China to obtain such authorization. When MIIT granted its first approval in May, the market focused primarily on the formal opening of satellite IoT services to…
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Geely’s Geespace Launches Global Headquarters Project in Hangzhou
Geespace, the commercial aerospace subsidiary of China’s Geely Holding Group, said it has launched construction of its global headquarters in Hangzhou and signed a strategic cooperation agreement with local investment partners. The deal with Zhejiang Jinkong Investment Management, Hangzhou Capital and Hangzhou High-Tech Venture Capital will support investment and industrial development aimed at building a…