China shortens satellite production cycle from 6 months to 20 days
China Academy of Space Technology, under the state-owned China Aerospace Science and Technology Corporation, has reduced the manufacturing time for a satellite from six months to a mere 20 days, thanks to its automated production lines.
According to Allied Market Research, the market size of the global satellite industry is projected to be valued at more than 615 billion U.S. dollars by 2032.
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