• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to secondary sidebar
  • NEWS:
  • SatNews
  • SatMagazine
  • MilSatMagazine
  • SmallSat News
  • |     EVENTS:
  • SmallSat Symposium
  • Satellite Innovation

SatNews

  • HOME
  • Magazines
  • Events
  • Perspectives
  • Industry Calendar
    • IN PERSON
    • VIRTUAL
  • Subscribe

Chinese Auto Manufacturer Entering the Smallsat Build Business

June 8, 2020

Last month, Zhejiang Geely Holding Group Co., known as Geely Holding Group, announced the company has begun construction on an intelligent satellite production and testing center, thereby making the firm the first private carmaker to produce satellites in China.

The new facility is being built by Geely Holding Group’s subsidiary, Geely Technology Group, in Taizhou, east China’s Zhejiang province.

The facility will include a modular satellite manufacturing center, a satellite testing center, a satellite R&D center and a cloud computing center and will be able to develop and produce a variety of different satellite models. The satellite strategy will be implemented by Geespace, a Geely-run company established in 2018 for the development, launch and operation of low-orbit satellites.

By the end of 2020, Geespace will begin the launch of its commercial low-orbit satellite network that will facilitate highly accurate navigation for self-driving cars.

Li Shufu, the Chairman of Geely Holding Group, said that the automotive industry faces huge challenges and equally huge opportunities. Geely must take the initiative to embrace change, develop through innovation, find new synergies online and offline, and cooperate with global partners to become a global technology leader, drive change in mobility, and create new value for users. He added that Geely’s entry into the field of satellites is part of its transformation into a global mobility technology group.

A company spokesperson stated that the firm’s expansion into low-orbit satellites marks a significant milestone in the creation of a truly smart three-dimensional mobility ecosystem. Low-orbit satellites will be able to offer high-speed internet connectivity, highly precise navigation and cloud computing capabilities.

Filed Under: News

Primary Sidebar

Most Read Stories

  • A OneWeb Satellite Is In Danger Of In-Space Collision
  • Virgin Orbit's Launch of First Satellite for Dutch Ministry of Defense
  • UPDATE 2: SpaceX Starship SN9 Sent Forth... Return Landing Is A RUD
  • Direct From SmallSat Symposium, Sir Richard Branson, Founder, Virgin Galactic, + Dan Hart, President + CEO, Virgin Orbit, Keynote Address
  • Direct From SmallSat Symposium: Responsive Launch Services Session

About Satnews

  • Contacts
  • History

Archives

  • March 2021
  • February 2021
  • January 2021
  • December 2020
  • November 2020
  • October 2020
  • September 2020
  • August 2020
  • July 2020
  • June 2020
  • May 2020
  • April 2020

Secondary Sidebar

x
Sign up Now (For Free)
Access daily or weekly satellite news updates covering all aspects of the commercial and military satellite industry.
Invalid email address
Notify Me Regarding ( At least one ):
We value your privacy and will not sell or share your email or other information with any other company. You may also unsubscribe at anytime.

Click Here to see our full privacy policy.
Thanks for subscribing!