Telecommunications

The commercial space race has traditionally been defined by launch capabilities—getting mass into orbit as cheaply and reliably as possible. But as the low-Earth orbit ecosystem becomes increasingly crowded with mega-constellations and aging satellites, a new, highly lucrative market is opening up: in-orbit servicing. The latest entrant making serious waves is Sinxbot, a Chinese space robotics startup that just secured hundreds of millions of yuan (equivalent to tens of millions of US dollars) across three rapid-fire funding rounds. This aggressive capital accumulation culminated in a Series A led by massive tech and telecommunications heavyweights: Alibaba and the China Mobile Industry…