Launching business
CHINA'S cut-rate, space-launch business may not be much of a bargain, especially after its most recent effort resulted in the disappearance into space of a US-built, Australian-owned telecommunications satellite. Launched by the China Great Wall Industry Corp for Optus Communications, the $138 satellite vanished before reaching its scheduled 35,000-km orbit. The loss puts at risk three confirmed contracts worth half a billion dollars that the Chinese have lined up for 1994. The satellite may have either drifted off course because of a failed motor or blown up when its booster rockets ignited.
Related Content
- Powered by women: driving sustainability and innovation through gender diversity in Nepal's hydropower sector
- Sanitation and hygiene for all: 'make a splash!' partnership progress report 2022-2023
- Global water security and sanitation partnership annual report 2021
- A multi-billion-dollar opportunity: repurposing agricultural support to transform food systems
- Do not revive coal: planned Asia coal plants a danger to Paris
- State of the decentralized renewable energy sector in India 2019/20