back to top

Private rocket catapults China into commercial space race

A Chinese space startup has surged ahead in the global space race, successfully launching its most powerful rocket from a sea platform in the Yellow Sea.

This maiden voyage marks a turning point for China’s space scene, traditionally dominated by state agencies. Gravity-1’s impressive payload capacity of 6,500 kg opens doors for several commercial satellite launches, potentially shaking up the established order.

Orienspace, founded by space veterans in 2020, already boasts orders for hundreds of satellite launches, hinting at a future where private firms hold the key to unlocking the cosmos. Beyond raw power, Gravity-1 boasts agility. The rocket can fling 30 satellites into orbit at once, and Orienspace claims whiplash-inducing launch times of under a week, even as fast as 24 hours. This rapid-fire capability could revolutionize satellite constellations, from monitoring Earth’s health to providing ubiquitous internet access.

Adding to the fiery mix, Gravity-1’s launch platform is a mobile ship, expanding potential launch sites and reducing the risk of rocket debris raining down on populated areas. This flexibility further cements Orienspace’s position as a disruptor, offering a nimble alternative to the state’s established launch infrastructure.

Gravity-1’s success marks Orienspace as the fifth private Chinese company to conquer the rocket frontier, joining a growing league of ambitious players like i-Space, Galactic Energy, and Space Pioneer. With each launch, the private sector’s flames burn brighter, promising to reshape China’s space landscape and perhaps, one day, challenge global giants like Elon Musk’s SpaceX.

The race for the stars is on, and the Yellow Sea has just witnessed the first shot fired.

Latest

Elon Musk’s xAI teams up with Telegram in $300M deal to bring Grok to a billion users

Telegram CEO Pavel Durov announced the partnership via social...

OpenAI’s $6.5 billion deal brings Apple design legend Jony Ive onboard, marking their largest acquisition

This marks OpenAI’s largest acquisition to date and signals...

Global gas demand to rise 50% by 2030, says Woodside CEO at WGC

At the World Gas Conference, Meg O’Neill, CEO of Australia’s top natural gas producer Woodside Energy, predicted a sharp 50% spike in global gas demand by 2030.

Qatar Airways takes off with single largest widebody aircraft order with $96 billion Boeing-GE mega deal

Doha’s national carrier is set to redefine global aviation...
spot_img

Don't miss

National Life and General Insurance Company: Delivering value beyond insurance to customers

Oman’s largest insurer NLGIC is on course to become a regional multi-line, multi-country giant delivering value beyond insurance to the customers.

AI central to UAE’s economic diversification, says COP28 President-Designate

AI will contribute to the UAE’s net zero strategic initiative by 2050 and help unlock advances in climate progress, says H.E. Dr. Sultan Ahmed Al Jaber, UAE Minister of Industry and Advanced Technology.

Economic growth in GCC to more than halve in 2023: World Bank report

However, the GCC growth will still outperform the wider Middle East and North Africa region, forecast to grow by 3% in 2023, down from 5.8% growth in 2022.

KitchenomiKs aims to transform on-demand food economy in Oman

KitchenomiKs cooks up dainty on-demand delicacies, tossing in emerging technologies, yummy multi-brand choices and seamless delivery.

Real estate sector in GCC experiencing ‘profound transformation’: Expert

The real estate sector in the GCC region is...
spot_imgspot_img

Global gas demand to rise 50% by 2030, says Woodside CEO at WGC

At the World Gas Conference, Meg O’Neill, CEO of Australia’s top natural gas producer Woodside Energy, predicted a sharp 50% spike in global gas demand by 2030.

Here’s how an expat in Dubai turned a low-cost coaching idea to a $100K success

Bosworth’s entrepreneurial journey began with humble roots. As a teenager, she balanced multiple part-time jobs, unknowingly building the resilience and discipline that would later...

A Japanese space junk cleaning startup sees astronomical jump in shares

Astroscale Holdings, a Japanese startup dedicated to space debris removal, saw its shares surge by 51% on Wednesday, when it debuted on Tokyo's growth market.