China Sat for Global Internet & Broadband
China's Space Based Communications Network Source: China's Satellite Launch China Goes Broadband in Space It's called the Hongyun project. It's space based, broadband communications innovation from China. And, it's a first for them. China's broadband delivering satellite is designed to provide broadband connectivity to users globally, especially in underserved regions. Bottom-line: Global Competition on Breakthrough New Communications Innovation This is a concept of running a low-cost, high performance satellite network to provide space-based communications and internet services. There are many innovation companies going for this opportunity including Google, SpaceX and Telesat. Space X CEO Elon Musk wants to put 12,000 satellites into orbit by 2020 to provide broadband and internet services globally. It's his Starlink project. China's Launch China is a big competitor in this tech innovation race. The Chinese A...