BEIJING (Reuters) – Automaker Geely said on Monday it is making commercial satellites at its factory in the eastern Chinese city of Taizhou.
Geely is building low-orbit satellites to meet demand for high-speed connectivity capabilities that can deliver fast software updates. The factory will be able to make 500 satellites a year, according to its statement.
(Reporting by Yilei Sun and Brenda Goh; Editing by Muralikumar Anantharaman)
