SpaceNews.comAndrew Jones

Hongqing Technology, Landspace affiliate, raises $191M to scale Chinese commercial satellite manufacturing

Hongqing Technology, the satellite-manufacturing affiliate of China’s Landspace, has secured a $191 million funding round—one of the largest single raises for a Chinese commercial satellite maker. The investment is positioned to accelerate satellite production capacity and support broader program execution.

2026-07-03T06:24:44.703520-07:00
ReutersJoey Roulette, Steve Gorman

Satellite rescue mission to NASA orbiting observatory postponed

By Reuters: Weather and technical snags have forced NASA and its partner space company Katalyst to ​indefinitely postpone a first-of-its-kind mission to tow an aging U.S.

2026-07-03T02:00:40.584972-07:00