China's Geely Gets First Private Satellite IoT Trial Approval
Zhejiang Geespace Technology, part of Geely, a leading electric vehicle manufacturer, has just received a two-year trial approval for satellite Internet of Things (IoT) services from China's Ministry of Industry and Information Technology (MIIT). This is a big deal because it marks the first time a private Chinese company has received such a nod, showcasing Beijing's push to enhance its commercial space sector. Geespace will provide low-power connectivity for areas like smart transport and marine fisheries. This news was shared on the ministry's website on Thursday. Back in May, MIIT had already issued a satellite IoT trial permit to Beijing Guodian High-Tech, linked to state-owned China Mobile, the country's top wireless provider.
Key facts
- MIIT granted Zhejiang Geespace Technology a two-year satellite IoT trial.
- Geespace is the commercial space subsidiary of Geely, an electric vehicle giant.
- This is the first approval for a private Chinese company for satellite IoT commercial trial.
- The trial will cover smart transport, marine fisheries, energy, and water infrastructure.
- In May, MIIT issued the first satellite IoT trial permit to Beijing Guodian High-Tech Technology, backed by China Mobile.
- Satellite IoT provides low-speed data services via satellite networks.
- The approval was published on MIIT's website on Thursday.
- The decision underscores China's push to accelerate commercial space sector development.
Entities
Institutions
- Ministry of Industry and Information Technology (MIIT)
- Zhejiang Geespace Technology
- Geely
- Beijing Guodian High-Tech Technology
- China Mobile
Locations
- China