Venture capital

China's first private 5G satellite gets ready for lift off

China's 5G race will soon be out of this world as GalaxySpace raises a new round of funding to help it prepare for a satellite launch before the end of the year.

A group of Chinese venture capital firms have invested their money in Beijing-based satellite company GalaxySpace to speed up the launch of its 5G communication satellite.

¬ Haymarket Media Limited. All rights reserved.

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