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china-beidou-satellite

The five planned launches include:

  • the combined launch of two micro-satellites to monitor the sea for Luxembourg with a January launch date
  • two communications satellites for Hong Kong-based APT Satellite Co.
  • two remote sensing satellites, one for Venezuela

The increased activity by China gives it at least a 15-percent stake in the satellite launching business. This success in attracting business follows the country’s successful launch of a communications satellite for Pakistan in August of 2011, and the launch of a communications satellite for a major European communications provider in October. 2012 will also mark the first China-made remote sensing satellite export with the launch of the Venezualan satellite.

The China Great Wall Industry Corporation has set aggressive goals to take a 15-percent share of the commercial launch market, and a 10 percent share of the satellite export market by 2015.