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.
Air Canada has withdrawn its earnings forecasts after striking flight attendants refused to comply with a government-backed return-to-work order, grou...
U.S. President Donald Trump has urged Ukraine to abandon hopes of reclaiming Crimea or joining NATO as he prepares to host Ukrainian President Volodym...
More than 40 people are missing after a boat capsized in northwest Nigeria’s Sokoto State on Sunday, with 10 survivors rescued so far, according to ...
Türkiye’s homegrown social media platform, Next Sosyal (officially known as Next Teknofest Sosyal), has officially surpassed 1 million users in les...
A fire erupted at a fuel and energy facility in southern Ukraine's Odesa region following a Russian drone attack, with no casualties reported so far. ...
At least eight people have been killed and four remain missing after a flash flood in northern China, state media reported on Sunday, as the East Asian monsoon continues to trigger severe weather across the country.
A China-supported landmine elimination project has cleared more than 160 square kilometres of contaminated land in Cambodia since 2018, directly benefiting over 2.6 million people, officials said Saturday.
U.S. President Donald Trump said on Friday that Chinese President Xi Jinping assured him China would not invade Taiwan during Trump’s presidency, adding that Xi described himself and China as “very patient.”
China has called on Cambodia and Thailand to step up efforts to bring about the swift restoration of peace along their shared border, according to a statement from the Chinese foreign ministry released on Friday.
A powerful eruption at Japan’s Shinmoedake volcano sent an ash plume more than 3,000 metres high on Sunday morning, prompting safety warnings from authorities.
According to the German Research Centre for Geosciences (GFZ), a magnitude 5.7 earthquake struck the Oaxaca region of Mexico on Saturday.
A magnitude 5.2 earthquake struck 56 kilometres east of Gorgan in northern Iran early Sunday morning, according to preliminary seismic data.
A deadly heatwave has claimed 1,180 lives in Spain since May, with elderly people most at risk, prompting calls for urgent social support.
Media accreditation is now open for COP30, the United Nations Climate Change Conference, set to take place in Belém, Brazil in 2025.
Air Canada has withdrawn its earnings forecasts after striking flight attendants refused to comply with a government-backed return-to-work order, grounding flights and intensifying pressure on Ottawa.
U.S. President Donald Trump has urged Ukraine to abandon hopes of reclaiming Crimea or joining NATO as he prepares to host Ukrainian President Volodymyr Zelenskyy and European leaders in Washington on Monday. The meeting will focus on pushing Kyiv to accept a peace agreement with Russia.
More than 40 people are missing after a boat capsized in northwest Nigeria’s Sokoto State on Sunday, with 10 survivors rescued so far, according to the National Emergency Management Agency (NEMA). The boat was en route to the popular Goronyo market when disaster struck.
A fire erupted at a fuel and energy facility in southern Ukraine's Odesa region following a Russian drone attack, with no casualties reported so far. Meanwhile, Russia's Ryazan region saw a deadly blaze that has claimed 20 lives and injured 134.
Qantas Airways has been fined A$90 million ($58.64 million) for illegally firing 1,800 ground staff during the COVID-19 pandemic and replacing them with contractors, the Federal Court of Australia said on Monday (August 18).
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment