Business Standard

Creating space for private spacetech

Global venture capital has identified spacetech as a super growth sector. India, China and Japan will play a significant role to drive the transformation in Asia

Image
Premium

Pranjal Sharma
Space has always been the final frontier. Related developments in India and China indicate that the next tussle for power in space is well underway. 

China launched the last satellite of its BeiDou Satellite Network. With 35 satellites, BeiDou is a $10-billion project that will allow China to end its reliance on US-based GPS. Global Navigational Satellite Systems (GNSS) have been dominated by the US (which uses the globally popular GPS), Russia (GLONASS), EU (Galileo) and Japan (QZSS). 

Each country that wants to be a power to reckon with must develop strengths in space and technology. The control over space
Disclaimer: These are personal views of the writer. They do not necessarily reflect the opinion of www.business-standard.com or the Business Standard newspaper

Don't miss the most important news and views of the day. Get them on our Telegram channel

First Published: Jun 26 2020 | 1:31 AM IST

Explore News

To read the full story, subscribe to BS Premium now, at just Rs 249/ month.

Key stories on business-standard.com are available only to BS Premium subscribers.

Register to read more on Business-Standard.com