Chinese state-owned interests are planning a global four-satellite constellation in geostationary orbit to provide maritime, aeronautical and land-mobile connectivity in what they describe as a $1.4-billion investment. But so far, only the first of these satellites, Apstar-6D, appears to have been financed. Credit: China Aerospace Science and Technology Corp.
PARIS — Satellite fleet operator APT Satellite Holdings of Hong Kong has agreed to invest 600 million Chinese renminbi ($86.3 million) for a 30 percent interest in a Chinese joint venture to launch a Ku-/Ka-band high-throughput satellite over the Asia-Pacific . . .
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