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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On 17 July, AnewZ's Daybreak focused on renewed U.S. strikes on Iran, the suspension of one of President Donald Trump's teleprompter aides and Volodymyr Zelenskyy's appointment of an acting defence minister.
Kazakh President Kassym-Jomart Tokayev invited Chinese technology companies to expand investment in Kazakhstan during a business roundtable in Shanghai on 16 July, promoting the country as a regional hub for artificial intelligence and digital infrastructure.
Kazakhstan and China have signed more than $15 billion worth of commercial agreements during President Kassym-Jomart Tokayev’s visit to Shanghai, expanding cooperation in artificial intelligence, digitalisation, transport and industry.
Start your day informed with AnewZ Morning Brief. Here are the top news stories for the 17th of July, covering the latest developments you need to know.
The half-time interval during the 2026 FIFA World Cup final is expected to be extended to around 30 minutes to accommodate the tournament’s first-ever major half-time concert.
The U.S. military announced that it has completed a new wave of strikes against Iranian military targets under U.S. President Donald Trump's orders. The operation targeted command centres, air defence systems, missile and drone facilities, and coastal surveillance sites across multiple locations.
Nineteen years ago, at Barcelona's Camp Nou, Lionel Messi posed for a charity photo shoot with a five-month-old baby he had never met. On Sunday, that baby, Lamine Yamal, will face Messi in the 2026 FIFA World Cup final as Spain take on Argentina. A full-circle football story.
The U.S. military said it completed a sixth consecutive night of strikes on Iran late on Thursday, targeting logistics infrastructure and maritime capabilities. Iran responded by launching strikes at U.S. bases in neighbouring countries.
SpaceX's Starship rocket aborted its 13th flight test just seconds before liftoff in Texas on Thursday after some of its 33 engines failed to start. CEO Elon Musk said the company is likely to make another launch attempt early next week.
Turkish Foreign Minister Hakan Fidan met Ukrainian President Volodymyr Zelenskyy in Kyiv on Thursday as Türkiye stepped up efforts to revive stalled peace negotiations aimed at ending the war with Russia.
Andy Burnham has been elected leader of Britain's governing Labour Party, clearing the way to become the country's next prime minister on Monday. The 56-year-old pledged to spread power beyond Westminster, revive neglected communities and counter the rise of Reform UK.
Japan's parliament has approved changes to the Imperial House Law aimed at addressing the shrinking size of the imperial family while preserving the country's centuries-old male-only succession system.
SpaceX's Starship rocket aborted its 13th flight test just seconds before liftoff in Texas on Thursday after some of its 33 engines failed to start. CEO Elon Musk said the company is likely to make another launch attempt early next week.
At least 20 children and one adult have been killed after a school bus carrying pupils on a study trip crashed in eastern Uganda. Dozens of other passengers were injured when the vehicle reportedly lost control and overturned.
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