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China’s Xingyun announces massive funding round

Xingyun, a Chinese state-run narrowband constellation, announced a massive RMB 2.63 billion round of funding, China Space News (中国航天报) reported, …

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Xingyun, a Chinese state-run narrowband constellation, announced a massive RMB 2.63 billion round of funding, China Space News (中国航天报) reported, describing it as China's largest funding round into Industrial IoT.

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Torsten Kriening

Torsten Kriening is Publisher and CEO of SpaceWatch.Global. He covers European space at the intersection of geopolitics, defence, procurement, and industrial policy - where ambition meets execution. He reports live from the conferences and councils where space policy is shaped and publishes The Kriening Brief every Wednesday: three observations on European space, no diplomatic padding. His career spans 30 years across satellite communications, broadcast technology, and IT. He is an alumnus of the International Space University (EMBA12).