China Aero & Space Weekly News Round-Up - Episode 2 (5th - 11th Oct. 2020)

Disclaimer initially--it’s a slow week on account of holiday. Also, happy holidays everyone! Be sure to check out our Longjiang-2 satellite image of the moon/earth that we posted on Twitter on 1 October ( https://twitter.com/DongFangHour/status/1311531286301999105?s=20 )

0:00 Welcome and news summary
1:00 OneSpace C-round of funding
6:33 Apstar-6D reaches orbital slot
11:58 Conference updates

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This week's news update includes:
- OneSpace C-round of funding. Company announced the funding round in early-September, but did it quite quietly. We just heard about it this week. It’s a C round of an undisclosed amount, with the investors being Liangjiang Investment Fund, Zhengxuan Investment, HIT Robotics Fund, and Huijin Capital → most which were already previous investors, showing continued confidence of the core investors.
It also represents the latest example of a trend of involvement of regional and provincial governments, which we highlighted in an upcoming ESPI report, as Liangjiang Group（两江集团）of Chongqing is an investor this round, and OneSpace has officially relocated their HQ to Chongqing. Interesting stuff.
http://www.ebrun.com/20200910/401546.shtml

- Apstar-6D reached its orbital slot this week. Satellite represents an interesting business case--large payload of interesting capacity; Ku-band HTS broadly over APAC with emphasis on mobility routes. Satellite will be operated primarily by APT Mobile Satcom of Shenzhen, but probably some cooperation from APT Satellite of Hong Kong, and by extension. It’s interesting because APSATCOM now kind of puts APT Satellite into competition with ChinaSat, even though ChinaSat owns a big piece of APT Satellite, and thus also of APSATCOM.
https://t.co/y3OIK3paYQ?amp=1

- There are some interesting Chinese space conferences coming up as well:
CCAF 2020: 19-20 October, no website for now
China Satellite Conference 2020: 28-30 October, http://www.china-satellite.org/

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Видео China Aero & Space Weekly News Round-Up - Episode 2 (5th - 11th Oct. 2020) канала Dongfang Hour