Tag: MinoSpace
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Orienspace Gravity-1 Third Flight Delivers 9 Sats from Shanghai
Did Orienspace’s Third Gravity-1 Mission Succeed? Yes. Orienspace’s third Gravity-1 solid rocket successfully delivered nine satellites to low Earth orbit at 10:54 p.m. Eastern on July 21 (0254 UTC, July 22), lifting off from a launch service ship in the East China Sea near Shanghai. The mission marked Orienspace’s first long-range sea launch — a…
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MinoSpace seeks $736M IPO for China satellite expansion
Will MinoSpace’s $736M IPO accelerate China’s satellite manufacturing? MinoSpace, a Chinese satellite manufacturer, has received acceptance for its initial public offering application targeting $736 million in funding. The IPO represents the largest satellite sector public offering in China since 2024, positioning the company to scale satellite constellation deployment and expand manufacturing capacity at a critical…
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China’s MinoSpace Secures $111 Million Contract for Sichuan Satellite Constellation
Chinese commercial satellite manufacturer MinoSpace has won a contract valued at 804 million yuan ($111 million) to construct a remote sensing satellite constellation for Sichuan Province, marking a significant step in the country’s growing use of private firms in national space infrastructure projects. The deal, announced May 18 by the National Public Resources Trading Platform…
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MinoSpace Raises $137 Million to Expand Satellite Production and Technology
MinoSpace, also known as Beijing Weina Star Technology Co., Ltd., announced on June 24 that it has secured more than $137 million in funding, positioning itself as a prominent player in China’s commercial space sector. The funding round was led by Wuxi Economic Development Zone Shangxian Industry Investment Fund, managed by SIP Oriza PE Fund…