SAST
Remote sensing satellite firm completes huge funding round as Chinese space sector activity accelerates
Satellite firm's funding round caps a year of growing Chinese space industry investment alongside cooperation agreements between space companies and local governments.
Shanghai space vehicle manufacturer targets 17 launches in 2019
Shanghai Academy of Spaceflight Technology, or SAST, is one of two main launch vehicle manufacturers under the China Aerospace Science and Technology Corporation, the main contractor for the Chinese space program, which last year generated revenues of $37.3 billion.
