✨China is investing in low-Earth orbit satellites to provide high-speed internet access and close the internet access gap in remote areas.
🚀Starlink, a subdivision of SpaceX, currently leads the global race with 4,768 low-Earth orbit satellites.
🌍China has formed space cooperation agreements with multiple countries as part of its Belt and Road Initiative.
💰The cost to launch and operate a satellite constellation is high, with estimates ranging from $5 to $10 billion for launch costs and $1 to $2 billion for yearly operating costs.
🌐Overcrowding in low-Earth orbit is a major concern, with an estimated 725% increase in satellites by 2030.