China’s commercial space industry is crossing a major inflection point, shifting its focus from high-cost technology testing and orbital constellation building toward large-scale commercial monetization and industrial mass production. The industry transition was highlighted by commercial satellite operator Geespace, also known as Shikong Daoyu, securing China’s first commercial trial license for satellite Internet of Things (IoT) services from the Ministry of Industry and Information Technology. The two-year approval integrates private satellite IoT operations into the national telecommunications regulatory framework, allowing Geespace to provide global connectivity across automotive, maritime, logistics, and emergency sectors. Geespace currently operates a first-phase low-Earth orbit constellation…
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