China supports startup of orbital data center with $8.4 billion loan facility

China supports startup of orbital data center with $8.4 billion loan facility

HELSINKI — A Beijing-based space startup has secured early-stage funding and extensive credit support as part of China’s broader push for space-based computing infrastructure. Beijing Orbital Twilight Technology Co., Ltd., also known as Orbital Chenguang, announced the completion of its Pre-A1 funding round on April 20th. Venture and industrial investors including Haisong Capital, CITIC Construction … Read more