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Startup wants to develop cargo services for the Chinese space station

August 14, 2021
Source: bollyinside.com bollyinside.com
News Snapshot:
A day later Interspace Explore, full name Beijing Interstellar Development Technology Co., Ltd., raised tens of millions of Chinese yuan (¥6.48 per dollar) from investment firm Innoangel Fund. The Zenghang-1 (Growth-1) satellite will have a launch mass of around 350 kilograms and return a payload of more than 100 kilograms, according to Chinese media reports. Interspace Explore founder Fu Shiming, a former employee of state-owned spacecraft maker China Academy of Space Technology (CAST) and a member of the Tiangong-2 space lab project, said at a press conference that spacecraft are essential to human use of space resources and hold huge...
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