# commercial%20space
Latest news and articles about commercial%20space
Total: 31 articles found
Chinese Banks Ride Commercial Space: Satellites Become a New Tool for Loan Monitoring and Disaster Resilience
China Merchants Bank and Shanghai Pudong Development Bank have launched satellites into the Tianqi low‑Earth orbit constellation to bolster loan monitoring, improve disaster resilience and develop new data services. The launches underscore a trend of Chinese banks adopting commercial space assets to enhance risk controls, though regulatory, privacy and technical limits will shape adoption.
Beijing’s “Rocket Street” Opens as a New Hub for China’s Commercial Space Drive
Beijing has opened the Rocket Street complex in E‑Town, a 145,000 sqm commercial space hub that consolidates R&D, testing, manufacturing and operations under one roof. The project underpins Beijing’s strategic push to scale China’s commercial space industry, accelerate reusable‑rocket capability and foster hundreds of high‑tech firms and unicorns by 2028.
Chinese Stocks See Broad Sell-off While Chemicals and Property Stage a Narrow Rally
Chinese stocks fell broadly on Tuesday with the ChiNext index down 1.83%, even as chemicals and several property names rallied sharply. Market turnover rose to ¥1.85 trillion, but breadth was weak — over 3,300 stocks declined — highlighting selective buying rather than a broad-based recovery.
China’s Private Space Sector Clears a Major Hurdle for Crew Flights as Landing Cushion Tech Is Validated
A Chinese private aerospace company has for the first time validated a landing-cushioning technology for crewed spacecraft, signaling the commercial sector’s move into human-rated systems. The milestone lowers a key technical barrier but is only an early step toward certified crewed flights, which will require more integrated testing and regulatory approvals.
China’s Commercial Space Push Accelerates: Private Crew Capsule Test and State Giants Recommit to Reusable Rockets
On January 18, private firm Interstellor announced a successful full-scale test of a crewed-capsule landing-buffer system, a first for China’s commercial space sector. The same week, state-owned CASIC and CASC set 2026 priorities that emphasise aerospace-defence business lines and a concerted push to master reusable-rocket technology, signalling tighter alignment between private innovation and state industrial strategy.
Two Rocket Failures in One Day Expose China’s Launch Bottleneck and the Fragility of Commercial Space Ambitions
On 17 January 2026 two Chinese launch vehicles — a Long March 3B and the privately built Gushenxing-2 — failed in separate missions, highlighting a launch‑capacity bottleneck that threatens commercial space ambitions. The twin setbacks renew focus on the technical challenge of reusable rockets, the need for steady satellite‑constellation demand, and the role of regulation in shaping industry growth.
Two Chinese Rockets Fail in a Single Day — A Blow to National and Commercial Launch Ambitions
China experienced two orbital launch failures on January 17: a Long March 3B state rocket suffered a third‑stage anomaly at Xichang, and private firm Xinghe Power’s Guxhenxing‑2 failed on its maiden flight from Jiuquan. The incidents expose operational risks as China scales a dense launch tempo and commercial providers transition toward reusable liquid technologies.