A Jielong-3 rocket lifts off from a sea launch platform at night, its bright exhaust plume illuminating clouds of smoke and silhouetting a crowd of spectators in the foreground.
A Jielong-3 rocket lifts off from a barge off the coast of Rizhao, carrying 11 satellites into orbit for Geespace, Aug. 8, 2025. Credit: Ourspace

HELSINKI — Geely’s space subsidiary has secured a $281 million investment to accelerate deployment of its Geesatcom Internet of Things constellation and build a new global headquarters.

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Andrew Jones writes about China's space industry, including civilian programs, space science and exploration, policy, and commercial developments for SpaceNews, and writes the China Report newsletter. He has additional bylines in Scientific American,...