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.
In response to China’s record low birth rate of 6.39 births per 1,000 people in 2024, local governments are rolling out a series of initiatives aimed at reversing the demographic decline that has raised alarms about the country’s economic and social stability. These measures, detailed in recent gove
China’s GDP grew 5% in 2024, reaching a record 134.9 trillion yuan ($18.77 trillion). While meeting government targets, growth remains one of the slowest in decades amid economic challenges, trade tensions, and skepticism over official data.
China discovers a 1.15M-ton rare earth deposit in Yunnan, including 470K tons of key REEs like neodymium, marking its largest medium-heavy rare earth find.
Beijing residents express concern over the impact of Trump's second term on China's economy.
A mine collapse occurred at a facility operated by Eti Krom A.Ş., a subsidiary of Yıldırım Holding, in the KEF region of Alacakaya district, Elazığ.
With the global campaign "Give Your Light to the World – Africa is Now," Zimbabwe will become the first African nation to host the prestigious World Fashion Week 2025/26.
Former Pakistan prime minister Imran Khan ended reconciliation talks after receiving a 14-year prison sentence, citing the government's lack of response to his party's demands.
Emomali Sobirzoda has been appointed Tajikistan's new Defense Minister, replacing Sherali Mirzo, who now heads the Department for Protection of State Secrets. Bobojon Saidzoda is the new First Deputy Defense Minister and Chief of the General Staff
A fire ravaged a shopping mall in Culiacán, Mexico, on January 16, 2025, causing significant damage, including the collapse of the roof housing a casino. Emergency responders worked to control the blaze, with one injury and two others treated for nervous breakdowns. Cause remains unknown.
The International Circus Festival in Monaco shows incredible performances from talented circus artists around the world.
A hotel fire at Türkiye's Kartalkaya Ski Resort claimed 76 lives and injured 51. The blaze started early Tuesday, prompting a large-scale emergency response.
Former Pakistan prime minister Imran Khan ended reconciliation talks after receiving a 14-year prison sentence, citing the government's lack of response to his party's demands.
The World Travel & Tourism Council (WTTC) unveiled the “critical” gap between travellers’ desire for sustainable options and their actual behaviour.
In response to China’s record low birth rate of 6.39 births per 1,000 people in 2024, local governments are rolling out a series of initiatives aimed at reversing the demographic decline that has raised alarms about the country’s economic and social stability. These measures, detailed in recent gove
A wildfire in northern LA County, the Hughes Fire, has burned over 9,000 acres, forcing mass evacuations as firefighters battle the uncontained blaze spreading rapidly.
A mine collapse occurred at a facility operated by Eti Krom A.Ş., a subsidiary of Yıldırım Holding, in the KEF region of Alacakaya district, Elazığ.
With the global campaign "Give Your Light to the World – Africa is Now," Zimbabwe will become the first African nation to host the prestigious World Fashion Week 2025/26.
Former Pakistan prime minister Imran Khan ended reconciliation talks after receiving a 14-year prison sentence, citing the government's lack of response to his party's demands.
Emomali Sobirzoda has been appointed Tajikistan's new Defense Minister, replacing Sherali Mirzo, who now heads the Department for Protection of State Secrets. Bobojon Saidzoda is the new First Deputy Defense Minister and Chief of the General Staff
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment