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 by Staff Writers Wuhan, China (XNA) May 17, 2021
China's first smart manufacturing facility for small satellites in the central city of Wuhan is ready for official production operations, with the first satellite rolling off the production line on Thursday. The first satellite is a typical product for mass production self-developed by China Aerospace Science and Industry Corporation, Ltd. (CASIC). This new development demonstrates that China is entering a phase of mass production of small satellites. The production line has an annual capacity of 240 small satellites weighing less than one tonne, according to CASIC Space Engineering Development Co., Ltd., owner of the facility. With smart manufacturing techniques, it can improve the production efficiency of small satellites by more than 40 percent. Source: United Press International
COVID-19 Impact on Smallsat Market Mitigated by Funding Availability, Government Support Washington DC (SPX) Apr 09, 2021 The latest update of "Prospects for the Small Satellite Market" was released this week by Euroconsult, forecasting further growth in the global supply and demand of government, commercial and academic satellites weighing up to 500 kg. The market intelligence report, now in its 7th edition, builds upon Euroconsult's previous iteration that accurately predicted more than 1,000 satellites would be launched during 2020, a record year despite COVID-19. The new release further reinforces the sentiment that th ... read more
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