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Spacety is flying an in-orbit demonstration with a 10-kilogram cubesat testing a multispectral imager, laser communications, and ThrustMe’s iodine propulsion system.
Spacety is testing new technologies including cameras and synthetic aperture radar (SAR).
Spacety was established in January 2016 following late 2014 Chinese government policy shifts opening up the small satellite and launch sectors.
Xiaoxiang-1-04 is a small satellite developed by Changsha-based private firm Spacety that was carried on the launch.
Spacety has a cooperation agreement with Laserfleet in which Laserfleet would provide payloads and market operations and Spacety would provide the satellite platform, launch, and operations for a future laser communications constellation.
Spacety was established in January 2016 as one of China’s first commercial and private satellite companies following government deregulation of the space sector in 2014 and 2015.
Changsha city provides support to Spacety by supplying free office rent.
Spacety provides a 6U cubesat platform and is developing a new 50-kilogram satellite platform for the following year.
Spacety completed its first angel-investor funding round in July 2016 and launched its first satellite in November 2016.
Spacety has five or six customers at institutes under the Chinese Academy of Sciences conducting experiments, including microgravity science research in cooperation with SpacePharma on a satellite launched in February 2017.
Spacety manufactured 10 6U cubesats for 2018 and planned to build 30 in 2019 and 100 in 2020.