# China commercial space
Latest news and articles about China commercial space
Total: 2 articles found
China’s Tianyi Eyes A‑Share IPO to Fund Ambitious 120‑Sat SAR Constellation
Tianyi Space Technology has filed for IPO guidance in Hunan as it seeks capital to build a 120‑satellite SAR constellation. The company combines in‑house manufacturing, automated operations and end‑to‑end InSAR services, but faces high upfront costs and a customer base currently dominated by government and state enterprises.
Loss‑making Satellite Internet Firm Bets 2.8bn RMB on Rocket Factory and Radar Constellation to Scale Launch Capacity to 20 Rockets a Year
Hangtian Hongtu has signed a 2.8 billion yuan aerospace project in Suzhou, Anhui, to build a LOX‑methane rocket manufacturing base and a compute‑enabled radar satellite constellation, aiming for an eventual annual output of 20 rockets. The expansion comes as the company endures multi‑year losses and seeks international contracts, highlighting both the industrialisation of China's commercial space sector and the financial risks of rapid scaling.