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China Launches First Private Rocket Capable of Carrying Satellites

posted by Fnord666 on Friday July 26 2019, @01:31AM   Printer-friendly

upstart writes:

Submitted via IRC for Bytram

China launches first private rocket capable of carrying satellites

A Chinese startup successfully launched the country's first commercial rocket capable of carrying satellites into orbit Thursday, as the space race between China and the US heats up.

Beijing-based Interstellar Glory Space Technology—also known as iSpace—said it launched two satellites into orbit around 1:00 pm Beijing time (0500 GMT) from Jiuquan, a state launch facility in the Gobi desert.

The three-year-old company is one of dozens of Chinese rivals jostling for a slice of the global space industry, estimated to be worth about $1 trillion by 2040 according to Morgan Stanley.

The sector is currently dominated by SpaceX and Blue Origin in the US.

But Chinese startups are mostly focused on building technology to launch microsatellites instead of space tourism like their US counterparts, a spokeswoman for iSpace said.

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  • (Score: 2) by Freeman on Friday July 26 2019, @02:19PM

    by Freeman (732) on Friday July 26 2019, @02:19PM (#871480) Journal

    That's highly dependent on the rules of the country, with regards to company names, and whether that company also does business in the USA. I'm going with, China doesn't care about Apple's USA trademarks and it's entirely possible that the private company doesn't do business in the USA.

    In 2002, Apple applied for the “iPhone” trademark for computer hardware and software in China, but that was only approved in 2013.

    https://fortune.com/2016/05/04/apple-iphone-china-name-rights-trademark/ [fortune.com]

    11 years is a stupendously long time in the tech world.

    Same story, different place.

    Apple has lost a trademark fight in China, meaning a firm which sells handbags and other leather goods can continue to use the name "IPHONE".

    https://www.bbc.com/news/business-36200481 [bbc.com]

    Local carrier China Unicom started offering the iPhone late last year. Before the phone launched, a local lawyer had said Hanwang's trademark and the similarity between the terms "i-phone" and "iPhone" would have made it illegal for Apple to sell the iPhone in China.

    https://www.computerworld.com/article/2522504/apple-resolved-iphone-trademark-conflict-in-china.html [computerworld.com]

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