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India is Set to Become a Competitive Exporter in the Global Defence Market

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Prime Minister Narendra Modi set a target for Indian defence exports: $5 billion by 2024. Recently, the Union cabinet cleared the export of Akash missile systems and formed a high-powered panel to grant swift approval to export military hardware.

Besides Akash, surface-to-air missile systems, the BrahMos supersonic cruise missile and larger weapon systems can now be sold to “friendly foreign” nations that have a robust system to manage these assets. It will also help improve strategic ties with them. Until now, India has only exported ordnance and smaller armaments.

Experts believe that apart from Akash and BrahMos, other missiles like Prahaar and the air-to-air Astra have huge export potential. Astra, which has a range of 100km, is now entering the production stage after completing successful trials from the Sukhoi Su-30MKI jet.

Two things hampered the sale of indigenously developed missiles: the lack of effort to sell and a strong lobby of First-World nations that dominates defence markets. India also lacked the policy to push defence exports, despite defence scientists seeking export permission since 2005.

Interestingly, from 2015 to 2019, India was the world’s second-largest importer of weapons, after Saudi Arabia. India imported 9.2 per cent of the arms produced globally. India did though manage to export defence equipment worth Rs10,745 crore in 2018-19, seven times the figure in 2016-17.

According to an observer in South Block, efforts are on to fast-track the long-promised sale of BrahMos and Akash to Vietnam. This deal with China’s neighbour is also a clear message to Beijing.

India’s missile programme took off in 1982 when prime minister Indira Gandhi decided to develop indigenous missile systems. She formed a Missile Study Team with A.P.J. Abdul Kalam as its head. The team recommended the phased development of five missiles—Trishul and Akash surface-to-air missiles, Nag anti-tank missile, Prithvi short-range ballistic missile and Agni.

Four decades on, the Philippines, Indonesia, Vietnam, the UAE, Bahrain, Saudi Arabia, Egypt, Kenya and Algeria have expressed their interest in the Akash, which is capable of targeting aerial assets within a range of 25km. The missile was inducted into the Indian Air Force in 2014 and the Army in 2015.

Defence officials claim that Akash is around 50 per cent cheaper than its competitors. Other Indian systems like radars and sonars, too, cost only a quarter to one-fifth of similar systems available in the global market. All export versions will be different from the ones inducted into the Indian armed forces, as no country sells the best variant.

The 290-km range BrahMos, which has a range of 290km, is being eyed by Indonesia, the UAE, Saudi Arabia, South Africa, Vietnam and the Philippines. All formalities have been completed with the Philippines—including a green light from Russia, as the missile development project was a joint venture—and the matter is awaiting final approval from the cabinet committee for security.

William Selvamurthy, a scientist who served as chief controller of research and development at the Defence Research and Development Organisation, says that India was running First World industries because it has the world’s fourth-largest air force and its requirements are huge.

“There was a lot of pressure on India to not develop missile systems,” said Selvamurthy. “Countries dominating the field of missile technology do not want any other player in the global market. They had put restrictions under non-proliferation treaties.” He said India is now strong enough to make a decision. “With selling missiles, we will be competing with the US, Russia and other European nations,” he said.

Retired Air Vice-Marshal P.K. Srivastava, who served in Bharat Dynamics Limited (BDL), the manufacturer of the Akash, says that it took close to 20 years for the missile to reach this stage. It took a lot of time to progress from design drawing to production drawing, he said, followed by about 1,000 corrections and modifications before it was finally inducted into the armed forces. So far, the armed forces have ordered Akashs worth Rs24,000 crore; an Rs10,000-crore contract is in the works.

“Initially, we (BDL) wanted to set up the whole supply chain by involving private players and go for bigger numbers later,” said Srivastava. “I feel the time is now ripe for us to (export). We must pitch Akash as the cheapest in its category. We can give Israel a good fight, which also sells cheap military platforms in the segment.”

He added that there was no policy to export as India never intended to sell. “We always had the capacity, but never thought of exploiting it,” he said. As talks are on about upgrading the Akash to the Mk-II variant, the Mk-I can be safely sold.

On the export potential of BrahMos, India is considering multiple options. A. Sivathanu Pillai, the architect of the BrahMos missile, said that the priority was to first meet the requirement of Indian defence forces. During his tenure as chief of BrahMos, nearly 14 countries expressed interested in the missile.

Pillai said that as India is now a member of the Missile Technology Control Regime (MTCR), it can sell missiles with a range beyond 300km. “We are definitely interested in exporting, but not the best systems,” said Pillai. “In the case of exporting the Akash, of which other versions are available, there should not be an issue. But while exporting a BrahMos-type missile, which is a ‘winning weapon’, we need to be careful.”

BrahMos NG, which has a limited range, can be exported, he said. The BrahMos’s range is now being extended to over 400km; efforts are underway to test an 800km variant by the end of this year. The Indian armed forces have placed a Rs 36,000-crore order for the BrahMos.

Pillai also highlighted an additional issue: “If we go in for exports, our priority may be shifted because of multiple government-to-government agreements. Our mind will be diverted if the focus is on selling.”

Former DRDO scientist Ravi Gupta partly blames the armed forces for preventing exports. He said unless a weapons system is inducted in significant numbers at home, external buyers will not trust the platform. “Sadly, we were the only country in the world which was working against its own national interest,” said Gupta. “In India, the induction of a military platform takes more time than its development.” He added that because of huge kickbacks in defence deals, the indigenous sector did not get the desired attention.

The situation is changing fast as many indigenous platforms, including the recently approved Tejas light combat aircraft, have been ordered for the armed forces. There is an effort to cut imports and bring the indigenous defence industries together to meet the demand at home.

Defence scientists have maintained that India is considerably self-reliant and that once we start exporting, a market will be formed outside and private players can also join. “Not only Defence PSUs but private sectors of the Indian Defence Industry, too, have grown,” said Selvamurthy. “The ecosystem has changed and it is time to go in for exports.”

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Source: https://www.eletimes.com/india-is-set-to-become-a-competitive-exporter-in-the-global-defence-market

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Parsec Capital Acquisitions Corp. Gains Sponsorship from Astro Aerospace (OTC US: ASDN)

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Lewisville, TX, April 21, 2021 – Today, Parsec Capital Acquisitions Corp. (“Company” or “Parsec”), filed a confidential S1 as a Special Purpose Acquisition Company (SPAC) with a focus on the space economy, technology and transport industries.  Astro Aerospace (OTCQB: ASDN) (“Astro”) has sponsored their SPAC.

Astro, a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, is a pioneer in the aerial eVTOL market, which has an estimated value of $46.7 billion. Astro’s sponsorship is of great value to Parsec, as the new relationship not only brings financial investment but a vault of transport industry expertise. Astro developed one of the market’s safest and most efficient eVTOLs in the world, and in 2018 its drone ‘Elroy’ was one of the first to seamlessly fly with humans on board.

Overpopulation, traffic congestion and pollution in urban areas are three main drivers of Astro’s eVTOL designs. These escalating crises will continue to amplify if ‘green’ and sustainable transport solutions are not implemented globally.

Astro CEO Bruce Bent stated, “The UN predicts that by 2050, 68 percent of populations will be in urban centers. Astro is happy to sponsor Parsec who like us, is driven to bring safe, reliable and environmentally-sustainable transport to market.”

Parsec was formed in 2021 with a purpose of growing businesses that will make the greatest impact on the future of transportation while delivering attractive investor returns. Sponsoring a SPAC with a smaller offering size of $50 million, Parsec has greater freedom with asset selection than other SPACs as it focuses on small to mid-cap companies in the space economy, technology and transport arenas. The Company offers a calculated and strategic approach when sourcing opportunities due to its high-level expertise across its management team and Board of Directors.

Parsec CEO Patricia Trompeter has a career spanning more than 16 years in mergers and acquisitions and over 15 years in financial management. Last month, Ms. Trompeter was appointed to Astro’s Board of Directors.

Ms. Trompeter has always had a fascination with planes from the early days of flying with her father, an army pilot veteran who served in World War 2.  Years later, Ms. Trompeter began a career at GE Capital where she held a variety of executive positions including CFO and Controller. This eventually led to working for GE Capital Aircraft Services (GECAS) acquiring a breadth of knowledge in the aviation industry which was also gained from the successful acquisition of Guinness Peat Aviation.

“Becoming the CEO of Parsec is honestly a dream job,” said Ms. Trompeter.” I, along with our talented team and Board of Directors, get to explore emerging companies in the sectors I find most fascinating – space, technology and transport. I have always had a passion for the airline industry and as a natural segway – space.”

In 2019, total investment in space companies was nearly $6 billion. Space has become the new economy, and many investors are looking to get their piece of the market. Global electric sales are also growing, with sales expected to grow 50 percent or more in 2021. Due to this surge, an increasing number of investors are also seeing tremendous potential in the eVTOL market.

Ms. Trompeter continued, “Astro’s vision and drive to bring its eVTOLs to market is exactly the type of charisma Parsec is seeking in potential opportunities. Astro’s sponsorship and mentorship is warmly embraced during this initial phase of our SPAC’s growth, and we look forward to working with them as we move forward to identify a target.”

About Parsec

Parsec Capital Acquisitions Corp. is an emerging SPAC investing in businesses within the space economy, technology and transport industries launched April 2021.

Parsec is ideally positioned with an offering size of $50 million to allow a much greater freedom for asset selection. Parsec’s three target industries continue to welcome more and more innovative technologies, pushing space economy towards a $1 trillion evaluation by 2040, the artificial intelligence market toward $390.9 billion by 2025, and the sustainable aviation fuel market toward $15.3 billion by 2030.

About Astro Aerospace

Astro Aerospace is the developer of the world’s most advanced, autonomous, short haul, eVTOL (Electric Vertical Takeoff and Landing) aerial vehicles. Our mission is to make self-flying unmanned and manned vehicles available to anyone, at any time, from anywhere, and to turn this new and exciting aircraft into a mainstream mode of transportation. Our vision is “Flight Made Easy”.

Visit www.flyastro.com for more information.

Forward-Looking Statements

All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,” “will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company’s reliance on one key customer for a substantial percentage of its revenue; the Company’s ability to consummate any proposed financing, acquisition or transaction, the timing of the closing of such proposed event, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all, or that the closing of any proposed financing, acquisition or transaction will not occur or whether any such event will enhance shareholder value; the Company’s ability to continue as a going concern; the Company’s ability to attract, maintain and increase the number of its customers; the Company’s ability to maintain compliance with certain financial and other covenants; the Company successfully implementing its growth strategy; management’s relationships with industry stakeholders; the effects of the global Covid-19 pandemic; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of the Company’s subsidiaries; and other risks, uncertainties and factors. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1993. 

This release does not constitute an offer to subscribe for, buy or sell the securities mentioned herein or any other securities in any jurisdiction, including the United States of America, its territories and possessions (the “United States”). The securities mentioned herein have not been registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or exemption from registration under the Securities Act. 

Investor Contact

For inquiries contact patricia@parsecacquisition.com

Parsec Capital Acquisition Corp

320 W. Main Street

Lewisville, TX 75057

 

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Source: https://otcprwire.com/parsec-capital-acquisitions-corp-gains-sponsorship-from-astro-aerospace-otc-us-asdn/

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Astro Aerospace Sponsors Leading SPAC Parsec Capital Acquisitions Corp.

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Astro sponsors SPAC focused on Space Economy, Technology and Transport industries

Dallas, Texas, April 21, 2021 – OTC PR WIRE – Astro Aerospace (OTCQB: ASDN) (“Company” or “Astro”), a global leader in electric vertical take-off and landing (eVTOL) aerial vehicles and drones, announced today its sponsorship of Parsec Capital Acquisitions Corp. (“Parsec”), an emerging SPAC investing in businesses within the space economy, technology and transport industries. Last month, Parsec CEO and Board member Patricia Trompeter was appointed to Astro’s Board of Directors. The Parsec sponsorship is a huge development in driving Astro’s mission to introduce greater environmentally and economically sustainable solutions to the aerial vehicle industry.

Parsec is ideally positioned with an offering size of $50 million. The SPAC focuses on smaller mid cap size targets allowing much greater freedom for asset selection. Parsec’s three target industries continue to welcome more and more innovative technologies, pushing space economy towards a $1 trillion evaluation by 2040, the artificial intelligence market toward $390.9 billion by 2025, and the sustainable aviation fuel market toward $15.3 billion by 2030.

Parsec offers a calculated and strategic approach when sourcing opportunities due to its high-level expertise across its management team and Board of Directors. CEO Patricia Trompeter’s career spans more than 16 years in mergers and acquisitions and over 15 years in financial management. Her financial competencies are matched by her breadth of knowledge in the aviation industry which she acquired throughout her career including positions at GE Capital Aircraft Services (GECAS) with the acquisition of Guinness Peat Aviation.

Ms. Trompeter’s leadership makes Parsec part of a growing representation of female minority-led SPACs, which according to Bloomberg only half of the SPACs they reviewed had women present on their board.

Ms. Trompeter commented, “I have always had an obsession with aircraft industry and by nature space travel.   Astro’s vision for the future of transportation is a huge inspiration to Parsec. Astro’s sponsorship will help us grow emerging businesses that will make a true impact on the environment and the way society functions. Astro can fully relate to our efforts as an emerging pioneer in the growing $46.7 billion eVTOL aircraft market.”

Parsec’s executive team also includes CFO Paul Haber who brings 25 years in corporate finance and capital markets. Mr. Haber and Ms. Trompeter are also active on the SPAC’s Board of Directors. They are joined by world-class Board.

“Astro’s sponsorship of Parsec is a natural fit,” said Astro CEO Bruce Bent. “Parsec’s vision and goals align with Astro’s objectives, and the Parsec team brings decades of experience to successfully grow companies while increasing shareholder value. Astro had the pleasure of welcoming Ms. Trompeter to our Board last month, and we could not be happier to invest in a SPAC under her leadership.”

About Astro Aerospace

Astro Aerospace is the developer of the world’s most advanced, autonomous, short haul, eVTOL (Electric Vertical Takeoff and Landing) aerial vehicles. Our mission is to make self-flying unmanned and manned vehicles available to anyone, at any time, from anywhere, and to turn this new and exciting aircraft into a mainstream mode of transportation. Our vision is “Flight Made Easy”.

Visit www.flyastro.com for more information.

About Parsec

Parsec Capital Acquisitions Corp. is an emerging SPAC investing in businesses within the space economy, technology and transport industries launched April 2021.

Parsec is ideally positioned with an offering size of $50 million to allow a much greater freedom for asset selection. Parsec’s three target industries continue to welcome more and more innovative technologies, pushing space economy towards a $1 trillion evaluation by 2040, the artificial intelligence market toward $390.9 billion by 2025, and the sustainable aviation fuel market toward $15.3 billion by 2030.

Forward-Looking Statements

All statements other than statements of historical facts contained in this press release are “forward-looking statements,” which may often, but not always, be identified by the use of such words as “may,” “might,” “will,” “will likely result,” “would,” “should,” “estimate,” “plan,” “project,” “forecast,” “intend,” “expect,” “anticipate,” “believe,” “seek,” “continue,” “target” or the negative of such terms or other similar expressions. These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including: the Company’s reliance on one key customer for a substantial percentage of its revenue; the Company’s ability to consummate any proposed financing, acquisition or transaction, the timing of the closing of such proposed event, including the risks that a condition to closing would not be satisfied within the expected timeframe or at all, or that the closing of any proposed financing, acquisition or transaction will not occur or whether any such event will enhance shareholder value; the Company’s ability to continue as a going concern; the Company’s ability to attract, maintain and increase the number of its customers; the Company’s ability to maintain compliance with certain financial and other covenants; the Company successfully implementing its growth strategy; management’s relationships with industry stakeholders; the effects of the global Covid-19 pandemic; changes in economic conditions; competition; risks and uncertainties applicable to the businesses of the Company’s subsidiaries; and other risks, uncertainties and factors. These forward-looking statements speak only as of the date hereof and the Company disclaims any obligations to update these statements, except as may be required by law. The Company intends that all forward-looking statements be subject to the safe-harbor provisions of the Private Securities Litigation Reform Act of 1993.

This document does not constitute an offer to subscribe for, buy or sell the securities mentioned herein or any other securities in any jurisdiction, including the United States of America, its territories and possessions (the “United States”). The securities mentioned herein have not been and will not be registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”), and may not be offered or sold in the United States absent registration or exemption from registration under the Securities Act. 

Investor Contact

For inquiries contact: Kevin McGrath kevin@tradigitalir.com

Astro Aerospace Ltd

320 W. Main Street

Lewisville, TX 75057

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Source: https://otcprwire.com/astro-aerospace-sponsors-leading-spac-parsec-capital-acquisitions-corp/

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China is developing plans for a 13,000-satellite megaconstellation

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HELSINKI — China is to oversee the construction and operation of a national satellite internet megaconstellation through coordinating the country’s major space actors. 

Recent comments by senior officials indicate that plans are moving ahead to alter earlier constellation plans by space sector state-owned enterprises and possibly make these part of a larger “Guowang” or “national network” satellite internet project. 

Spectrum allocation filings submitted to the International Telecommunication Union (ITU) by China in September last year revealed plans to construct two similarly named “GW” low Earth orbit constellations totaling 12,992 satellites. 

The filings indicate plans for GW to consist of sub-constellations ranging from 500-1,145 kilometers in altitude with inclinations between 30-85 degrees. The satellites would operate across a range of frequency bands.

Bao Weimin, a senior official with the China Aerospace Science and Technology Corp. (CASC), China’s main space contractor, made a first public acknowledgement of the megaconstellation plan in an interview with Shanghai Securities News March 7, stating “we are planning and developing space-based internet satellites and have launched test satellites.”

“A “national network” (Guo Wang) company will also be established to be responsible for the overall planning and operation of the satellite internet construction,” Bao added.

On Monday Ge Yujun, president of China Spacesat Co., Ltd., a CASC subsidiary, told ThePaper that the Hongyan and Hongyun broadband constellations previously planned CASC and sister state-owned giant China Aerospace Science and Industry Corporation (CASIC) respectively would be altered by authorities.

Ge said that “relevant national departments” are conducting overall planning for constellation construction and that he understands that the original plans for Hongyan and CASIC’s Hongyun will “undergo major changes”.

The Hongyan-1 satellite ahead of launch in 2018.
The Hongyan-1 satellite ahead of launch in 2018. Credit: CAST

Both constellations, announced around 2018, were to consist of hundreds of communications satellites in low Earth orbit. A handful of technology verification satellites have since been launched. CASC was planning to have an initial 60 Hongyan satellites in orbit by 2022. 

The comments suggest that the older constellations may form part of the new, larger “national network” project.

It is unclear how the project will proceed but the development of satellite internet has become a national priority.

China’s National Development and Reform Commission (NDRC) added “satellite internet” to a list of “new infrastructures” in April 2020. 

The recently approved 14th Five-year Plan for the period 2021-2026 and “long-range objectives through 2035” call for an integrated network of communications, Earth observation, and navigation satellites. 

China has already constructed its Beidou navigation and positioning system and is deploying Gaofen satellites for its  China High-resolution Earth Observation System (CHEOS).

Additionally private enterprise Galaxy Space in 202 launched its Yinhe-1 to test Q/V and Ka-band communications. Beijing Commsat Technology Development Co., Ltd., earlier this year received government funding from the China Internet Investment Fund (CIIF) for research and industrialization of satellites. It is unclear what role, if any, such firms will play in the national network project.

Ian Christensen, director of private sector programs at Secure World Foundation, sees the “GW” or national network project as potentially serving a number of goals for China. These include supporting domestic technology and economic development goals and contributing to China’s soft power diplomacy and regional leadership efforts. 

“Development of the constellation will also provide domestic employment, anchor space-related industry clusters, and contribute to economic development through serving and enabling domestic connectivity needs,” Christensen says. He adds that the project could also be used as a tool for soft power, as part of the Belt and Road Initiative or diplomacy efforts in nearby regions.

With constellations such as SpaceX’s Starlink and OneWeb already underway and Amazon this week ordering Atlas 5 missions for its Kuiper broadband satellites, the planned GW constellation brings even more urgency to the need to address issues related to the deployment of megaconstellatons including space debris and space traffic management.

“I personally would take the likelihood of the successful deployment of the GW constellation seriously. It should place further emphasis and urgency on the need to improve global coordination practices for the deployment and operation of large constellations,” Christensen says. 

“Space safety is an area where there are shared interests between U.S and Chinese actors, including both government and private sector actors, but overall geopolitical trends make meaningful dialogue challenging.”

Proposed and developing megaconstellations are raising concerns of the heightened risk of orbital debris. The growing number of satellites in LEO is also a threat to visible astronomy.

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Source: https://spacenews.com/china-is-developing-plans-for-a-13000-satellite-communications-megaconstellation/

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China is developing plans for a 13,000-satellite megaconstellation

Avatar

Published

on

HELSINKI — China is to oversee the construction and operation of a national satellite internet megaconstellation through coordinating the country’s major space actors. 

Recent comments by senior officials indicate that plans are moving ahead to alter earlier constellation plans by space sector state-owned enterprises and possibly make these part of a larger “Guowang” or “national network” satellite internet project. 

Spectrum allocation filings submitted to the International Telecommunication Union (ITU) by China in September last year revealed plans to construct two similarly named “GW” low Earth orbit constellations totaling 12,992 satellites. 

The filings indicate plans for GW to consist of sub-constellations ranging from 500-1,145 kilometers in altitude with inclinations between 30-85 degrees. The satellites would operate across a range of frequency bands.

Bao Weimin, a senior official with the China Aerospace Science and Technology Corp. (CASC), China’s main space contractor, made a first public acknowledgement of the megaconstellation plan in an interview with Shanghai Securities News March 7, stating “we are planning and developing space-based internet satellites and have launched test satellites.”

“A “national network” (Guo Wang) company will also be established to be responsible for the overall planning and operation of the satellite internet construction,” Bao added.

On Monday Ge Yujun, president of China Spacesat Co., Ltd., a CASC subsidiary, told ThePaper that the Hongyan and Hongyun broadband constellations previously planned CASC and sister state-owned giant China Aerospace Science and Industry Corporation (CASIC) respectively would be altered by authorities.

Ge said that “relevant national departments” are conducting overall planning for constellation construction and that he understands that the original plans for Hongyan and CASIC’s Hongyun will “undergo major changes”.

The Hongyan-1 satellite ahead of launch in 2018.
The Hongyan-1 satellite ahead of launch in 2018. Credit: CAST

Both constellations, announced around 2018, were to consist of hundreds of communications satellites in low Earth orbit. A handful of technology verification satellites have since been launched. CASC was planning to have an initial 60 Hongyan satellites in orbit by 2022. 

The comments suggest that the older constellations may form part of the new, larger “national network” project.

It is unclear how the project will proceed but the development of satellite internet has become a national priority.

China’s National Development and Reform Commission (NDRC) added “satellite internet” to a list of “new infrastructures” in April 2020. 

The recently approved 14th Five-year Plan for the period 2021-2026 and “long-range objectives through 2035” call for an integrated network of communications, Earth observation, and navigation satellites. 

China has already constructed its Beidou navigation and positioning system and is deploying Gaofen satellites for its  China High-resolution Earth Observation System (CHEOS).

Additionally private enterprise Galaxy Space in 202 launched its Yinhe-1 to test Q/V and Ka-band communications. Beijing Commsat Technology Development Co., Ltd., earlier this year received government funding from the China Internet Investment Fund (CIIF) for research and industrialization of satellites. It is unclear what role, if any, such firms will play in the national network project.

Ian Christensen, director of private sector programs at Secure World Foundation, sees the “GW” or national network project as potentially serving a number of goals for China. These include supporting domestic technology and economic development goals and contributing to China’s soft power diplomacy and regional leadership efforts. 

“Development of the constellation will also provide domestic employment, anchor space-related industry clusters, and contribute to economic development through serving and enabling domestic connectivity needs,” Christensen says. He adds that the project could also be used as a tool for soft power, as part of the Belt and Road Initiative or diplomacy efforts in nearby regions.

With constellations such as SpaceX’s Starlink and OneWeb already underway and Amazon this week ordering Atlas 5 missions for its Kuiper broadband satellites, the planned GW constellation brings even more urgency to the need to address issues related to the deployment of megaconstellatons including space debris and space traffic management.

“I personally would take the likelihood of the successful deployment of the GW constellation seriously. It should place further emphasis and urgency on the need to improve global coordination practices for the deployment and operation of large constellations,” Christensen says. 

“Space safety is an area where there are shared interests between U.S and Chinese actors, including both government and private sector actors, but overall geopolitical trends make meaningful dialogue challenging.”

Proposed and developing megaconstellations are raising concerns of the heightened risk of orbital debris. The growing number of satellites in LEO is also a threat to visible astronomy.

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Source: https://spacenews.com/china-is-developing-plans-for-a-13000-satellite-communications-megaconstellation/

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