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President Lai reviews progress on first indigenous satellite constellation
President Lai Ching-te said developing space technology is a...
Japan’s iQPS lines up eight SAR launches
ST. LOUIS — Japan’s Institute for Q-shu Pioneers of...
UAE Astronauts Promote AI and Collaboration in Space at GITEX Europe
The Arab world’s first astronaut, Hazzaa Al Mansouri, and...
New species of space-adapted bacteria discovered on China’s Tiangong space station
Scientists have discovered a previously unknown strain of microbe...
Isro’s 101st mission fails as PSLV-C61 suffers third-stage anomaly
India’s latest Earth observation satellite mission faced a setback...
Iraq’s First Fully Solar-Powered Village in Kulak Is Now Operational
ERBIL, Kurdistan Region – May 20, 2025 — The...
Australia’s Gilmour Space Technologies ready to launch maiden Eris Test flight the nation’s first orbital launch in over 50 years
Gilmour Space Technologies is the leading launch services company...
Korea’s space agency seeks revision of plan to modify next-gen rockets into reusable system
South Korea's aerospace agency said on Thursday that it...
UAE Space Agency Signs Agreement With Technology Innovation Institute to Execute the Emirates Mission to the Asteroid Belt’s Lander Project
In the presence of His Highness Sheikh Hamdan bin...
Private Japanese lunar lander enters orbit around moon ahead of a June touchdown
A private lunar lander from Japan is now circling the moon, with...

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