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Asia Pacific

China’s New Space Race: Space Industry Value Chain Worth $16 Bn, Euroconsult Report

According to Euroconsult's latest report, China Space Industry 2018, the China space value chain had an estimated size of more than U.S.$16 billion in 2017, with the downstream market accounting for just over 85%. Satellite Navigation, one of the key satellite applications in China, was the main revenue generator in 2017, ahead of Satellite Communications and Earth Observation.

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Space Silk Road: China Establishes Basic Global Satellite PNT Coverage With Latest BeiDou Launch

China launched two BeiDou-3 satellites on 19 November 2018, and in doing so it can provide basic global satellite positioning, navigation, and timing (PNT) services by the end of 2018. The basic service will first be offered to countries participating in China’s Belt and Road Initiative (BRI) and offered globally at a later date.

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Japan’s ANA Holdings And Marubeni Partner To Build First Asian Spaceport

Japanese company ANA Holdings, best known for operating All Nippon Airlines, and trading house Marubeni Corporation have partnered to build a spaceport in Japan as early as 2021, according to a report in the Nikkei Asian Review. The spaceport will be used for private space travel, such as space tourism, …

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