Spacesail Kazakhstan Limited, backed by China, joins AIFC with $17M, aiming to rival Starlink by deploying 15,000 satellites globally by 2030 and integrating services in Kazakhstan.
Spacesail Kazakhstan Limited, a subsidiary of the Chinese company Spacesail International Limited, has been officially registered at the Astana International Financial Centre (AIFC) with an initial capital of $17 million. The company is emerging as a potential competitor to Elon Musk’s Starlink, according to media reports.
In 2024, Spacesail launched its first 18 satellites into low-Earth orbit using the Long March 6A rocket from the Taiyuan Launch Complex in Shanxi Province. By 2025, the company aims to deploy 648 satellites to cover all of China, with a longer-term goal of launching around 15,000 satellites globally by 2030. This expansion will enable Spacesail to offer high-speed internet services worldwide.
Spacesail Kazakhstan Limited is working to meet the requirements set by Kazakhstan’s Ministry of Digital Development, Innovation, and Aerospace Industry. The company also plans to establish a facility for integrating its satellite internet with local communication networks. The ministry has expressed its intention to sign a memorandum of cooperation with the company later this year, which will clarify the timeline for launching satellite internet services in Kazakhstan.
The company intends to build a terrestrial network in Kazakhstan in full compliance with local legislation. Pricing for its services is still under discussion and will be revealed after the official launch.
Currently, Kazakhstan is running a pilot project to provide internet access to schools in remote areas via Starlink. The country has also partnered with other global satellite providers, including OneWeb and Amazon’s Kuiper project, to expand internet access.
Additionally, the Ministry of Digital Development has announced plans to replace the domestic communications and broadcasting satellite KazSat-3 in 2029. However, Kazakhstan does not plan to establish its own non-geostationary satellite constellation in the near future, as it continues to collaborate with international providers.
For decades, Uzbekistan’s cotton industry was primarily associated with the production and harvesting of ...
Leaders from around the world are gathering in New York for the latest session of the United Nations General Assembly, with conflicts in Ukraine an...
Steelmaker ArcelorMittal has it is shutting production at Ukraine's largest steel plant, underscoring the grow...
Saudi Arabia, Türkiye and Pakistan will hold an urgent high-level meeting under a joint defence pact to discuss ways to support the kingdom amid attacks by Yemen's Iran-aligned Houthis. The meeting comes as Tehran seeks to distance itself from the rapid advance of its Houthi allies.
World leaders return to the United Nations headquarters in New York on Friday for the fourth day of the high-level General Debate, with speeches and diplomatic meetings continuing throughout the day.
Finland and Sweden deployed fighter aircraft on Thursday after a group of Russian military planes was detected over the Gulf of Finland, the Finnish Air Force reported on Friday (25 September).
U.S. President Donald Trump welcomed Chinese President Xi Jinping to the White House on Thursday, 24 September, for talks focused on trade, artificial intelligence, Taiwan and the war with Iran.
Fourteen Kazakh military personnel died after being swept out to sea during a naval training exercise in the western Mangistau region, authorities said on Thursday.
Leaders from around the world are gathering in New York for the latest session of the United Nations General Assembly, with conflicts in Ukraine and the Middle East, global security, trade, artificial intelligence, climate change and economic development dominating the agenda.
Steelmaker ArcelorMittal has it is shutting production at Ukraine's largest steel plant, underscoring the growing economic toll of Russia's airstrikes that on Friday killed seven people in Kyiv including a 14-year-old boy and injured 58.
A woman has died and five people are missing after a residential building collapsed following an explosion in a tourist area of central Athens, a Greek fire brigade official said on Saturday.
U.S. television networks resumed coverage of President Donald Trump’s White House events on Friday, providing the first live pool footage of Chinese President Xi Jinping’s visit as a legal battle continues over restrictions on CNN, MS NOW and Politico.
The administration of U.S. President Donald Trump is comfortable maintaining its trade standoff with Canada despite new import bans taking effect next week U.S. Trade Representative Jamieson Greer said on Friday.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment