What Happened
Geespace Leads Industry Shift From Networking To Operations
China’s Ministry of Industry and Information Technology has approved commercial test licenses for satellite IoT services, marking a significant milestone in the country’s commercial aerospace industry. Geespace, a private enterprise, has become the first to obtain this approval, which is seen as a key factor in the industry’s shift from building constellations to operating networks. The approval is expected to drive large-scale development of low-orbit satellite IoT, with Geespace’s self-developed security base and network capability playing a crucial role. This development was first reported by Unknown Source.