Chinese private space industry

skywatcher

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New Chinese space launch startup OSPACE raises $62.5 million

A new Chinese space launch startup named OSPACE has raised $62.5 million(~¥400 million) in its latest round fundings
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johnq

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The U.S. Says China is Stealing Military Spacecraft Technology
A Chinese national was just caught trying to smuggle sensitive aerospace parts out of the country.

Tech Theft
China’s space industry is still in its early stages compared to the U.S., but the Department of Homeland Security suspects that China is trying to get ahead by stealing military space technology.

Pengyi Li, a Chinese national, attempted to smuggle sensitive spacecraft and missile components out of the U.S. according to documents obtained by Quartz and got caught red-handed, thanks to a two-year undercover investigation by the Department of Homeland Security.

Sensitive Tech
U.S. agents sold Li specialized microchips and sensors, which require special export licenses, for more than $150,000, according to Quartz. And many of these sensitive parts are banned from sale in China, as they could be used in military satellites and missiles and give China an advantage.

The U.S. and China have been waging a bitter trade war in which a key issue has been theft of American intellectual property. According to Quartz, there were at least eight other prosecutions by the Department of Justice just like this one within the last ten years, suggesting a greater trend of sensitive technologies flowing overseas.
The only way to stop Chinese IP theft is to stop all mainland Chinese citizens from entering the country, as they are all potential CCP agents and IP thieves, as well as cutting off Chinese hackers access to the country's internet.
 

skywatcher

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DeepBlueAerospace in preparation for static fire of its Nebula-M kerolox prototype rocket in coming days
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skywatcher

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new Chinese space launch startup Rocket Pi says it has raised multiple millions of $
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johnq

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First China Space Walk Hides a DARK SECRET
If you look up at the night’s sky, you might see a heavenly palace floating around the earth. That’s because China has named its space station “Tiangong,” which means “Heavenly Palace” in Chinese. China celebrated its first spacewalk around the Tiangong space station, but it’s hoping to do a lot more than that in space. Watch this episode to find out the dark side of China’s space program and why the U.S. and its allies are so worried about what China’s doing up there.
 

skywatcher

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JZJY 10 ton thrust methalox engine 500s test yesterday. JZJY has two type of methalox engiens the 10 thrust version and the 80 ton thrust version
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johnq

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Chinese space programs, including private ones, are ultimately owned by the Chinese Communist Party, and they are ultimately there to steal and develop dual use technology from western private companies like SpaceX that will ultimately be used to make space weapons, much like dual use gain of function research is being used to make bioweapons like Sars-Cov-2.
 

skywatcher

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Chinese rocket company Space Pioneer raises $30 million in Pre-B round


HELSINKI — Chinese commercial rocket company Space Pioneer raised at least 30 million of dollars, the company announced July 27.

The funds will be used for the first flight on the Tianlong-1 reusable kerosene-liquid oxygen launch vehicle. Few details of the Tianlong-1 rocket have been revealed. Space Pioneer stated in September 2020 that the first flight vehicle would have a payload capacity to low Earth orbit of more than three metric tons. The first flight was slated for 2021 but Space Pioneer offered no date for the Tianlong-1 launch with the funding announcement.


Tianlong-1 kerolox rocket
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Space Pioneer says it also completed the final assembly of the Tiansuo-1 vertical takeoff, vertical landing test stage in recent days. Fellow Chinese commercial firms iSpace and Deep Blue Aerospace are also closing in VTVL test stage “hop” tests. Space Pioneer also performed multiple hot fire tests of its 30-ton-thrust HCP liquid engine in the first half of 2021.

Space Pioneer says it is developing low-cost, highly reliable launch vehicles to respond to the requirements of China’s national Satellite Internet project, launching domestic and international commercial satellites and generally boosting China’s space economy.

Notably it adds meeting the needs of a Chinese Space Station cargo project as an objective. China’s human spaceflight agency announced in January a solicitation for proposals for low-cost cargo transportation to assist space station operations.

China currently uses 13-metric-ton Tianzhou cargo spacecraft to supply its space station core module, using Long March 7 rockets. CMSA is looking to both state-owned and commercial companies for backup options as well as smaller, more economical supply missions. The overall goal was stated as developing a “flexible, efficient, diverse, and low-cost cargo transportation system.”

The latest Space Pioneer funding round was led by a Zhangjiagang city investment fund, private equity firm Jundu investment and Zijin Investment. Space Pioneer is establishing major production, manufacturing and research centers in Zhangjiagang, a port city along the Yangtze river.

This is the sixth round closed by Space Pioneer. Previous funding has come from entities including ZJU Joint Innovation Investment, linked to Zhejiang University.

Generally, funding for Chinese commercial space companies is seen coming from a mix of private venture capital, local and national investment funds, individuals, state-owned enterprises (SOEs), academic institutions like the Chinese Academy of Sciences, and banks.

Chinese commercial space companies have so far attempted just one launch in 2021, while China’s main state-owned contractor has carried 23 successful orbital launches. The sole commercial launch saw the failure of iSpace’s Hyperbola-1 solid rocket. The firm is looking to return-to-flight in the near future, while Galactic Energy, CAS Space, Expace and others are also preparing for new missions with solid rockets.

Meanwhile Landspace is preparing for an orbital test flight of its Zhuque-2 methan-liquid oxygen rocket. The mission is expected to be the first liquid rocket orbital launch attempt by a Chinese private company.
 

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