Asian Surveying & Mapping
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Europe space chief heads to Gulf as bloc looks...
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South Korea Tests First Indigenous Hypersonic Missile
South Korea conducted its first test-firing of an indigenously...
UAE space economy grows 27.1% to $1.5 billion
Findings also recorded an increase in employment across the...
Japan targets 30 rocket launches a year by 2030s
TOKYO -- Japan's economy ministry plans to add new...
China’s LandSpace Launches 10 Satellites to Advance Orbital Computing and Communications
China has launched eight computing satellites developed by ADA...

May 10th, 2011
Countdown to a New GPS

In China’s dynamic high technology industry dominated by young entrepreneurs in their 20s and 30s, 59-year-old Lu Jianguang might seem out of place. But he is involved in a business that perhaps only the more elderly can best understand – “selling time”. As the president of Beijing Guozhiheng Power Management Technology, one of the first companies to provide a civilian service based on China’s Beidou navigation system, Lu’s job is to sell devices that can measure time to a nanosecond – one billionth of a second. By tracing and synchronizing time to such a precise level, Lu’s products ensure the safety of many electricity power stations, telecom carriers and even financial institutions. Read More