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.
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Poland has submitted a judicial reform plan to European legal experts, aiming to reverse PiS-era changes criticized by the EU and unlock frozen funds. The move comes ahead of presidential elections, with a Tusk-backed candidate leading in polls.
The U.S. has proposed a final peace framework to end the Russia-Ukraine war, offering a ceasefire, territorial compromises, security guarantees for Ukraine, and renewed economic ties with Russia, according to talks held in Paris.
Pakistan shut the Wagah border, expelled Indian defence attachés and warned of war over water on Friday after rejecting India’s move to suspend the Indus Waters Treaty.
Start your day informed with AnewZ Morning Brief: here are the top news stories for April 25th, covering the latest developments you need to know.
Russia said its air defences shot down 87 Ukrainian drones over four border regions early Thursday, while simultaneous missile-and-drone strikes on Kyiv left at least 12 people dead and more than 100 injured.
Poland has submitted a judicial reform plan to European legal experts, aiming to reverse PiS-era changes criticized by the EU and unlock frozen funds. The move comes ahead of presidential elections, with a Tusk-backed candidate leading in polls.
The U.S. has proposed a final peace framework to end the Russia-Ukraine war, offering a ceasefire, territorial compromises, security guarantees for Ukraine, and renewed economic ties with Russia, according to talks held in Paris.
Russia and Iran have signaled their commitment to deepen energy cooperation by working on new overland gas corridors, according to a statement from the Russian Cabinet.
Pakistan shut the Wagah border, expelled Indian defence attachés and warned of war over water on Friday after rejecting India’s move to suspend the Indus Waters Treaty.
Citing sustained cross-border terrorism and a recent deadly attack in Jammu and Kashmir, India has decided to suspend the Indus Waters Treaty with Pakistan, a decision that marks a significant shift in regional water diplomacy.
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