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The full first phase of the Spacesail network will consist of 648 satellites by the end of 2025.
The Spacesail network is a strategic response to growing demand for always-on connectivity.
The Spacesail Constellation will comprise more than 10,000 low-Earth-orbit satellites by 2030.
The initial operational network of the Spacesail Constellation is expected to consist of 648 satellites, to be completed by the end of 2025.
A total of 108 satellites have been launched across six rockets for the Spacesail Constellation project.
Analysts have compared the Spacesail Constellation system to SpaceX's Starlink constellation.
Shanghai Yuanxin, owner of Qianfan/Spacesail, is discussing a ¥5-6 billion fundraising round at a ¥40 billion ($5.6 billion) valuation.
The Qianfan mega-constellation is operated by Shanghai Spacesail Technologies Co Ltd, which is supported by the Shanghai municipal government.
Long March 6A Y24 launched G60/Spacesail Group-18 at 07:08 UTC on October 17 from Taiyuan.
China's commercial launch sector funding has surged in early 2025, primarily due to SpaceSail's billion-dollar funding round.
SpaceSail's funding round raised ¥6.7B (US$950M) in 2024, accounting for more than 80% of the total funding by the end of April.
All launches for SpaceSail and SatNet have been conducted using Long March rockets.
SpaceSail published a tender for 9 launches of 162 satellites but ultimately canceled the tender due to lack of bidders.
China's commercial launch companies have not met the needs of SpaceSail and SatNet megaconstellations.
SpaceSail's larger satellites weigh approximately 300kg and require a bigger launch vehicle.
SpaceSail connected remote farms in Hong Kong’s New Territories using their terminals and satellites.
SpaceSail does not have market access in Mainland China.
In the first days of 2025, SpaceSail connected a cruise ship to the Thousand Sails constellation using an antenna.
China Mobile Hong Kong partnered with SpaceSail for the cruise ship connection tests.
SpaceSail launched 54 satellites from August onward.