financetom
Business
financetom
/
Business
/
China's AVIC reveals uncrewed cargo spaceplane at Zhuhai air show
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
China's AVIC reveals uncrewed cargo spaceplane at Zhuhai air show
Nov 12, 2024 1:12 AM

SINGAPORE/ZHUHAI, China (Reuters) - State-owned aerospace company AVIC unveiled China's first commercial uncrewed spaceplane at the country's biggest air show in Zhuhai on Tuesday, with a mission of supplying the Chinese space station.

A model of the craft, dubbed Haoloong-1, or Sky Dragon, was on display at the company's air show exhibition site. Although the spaceplane is still in development, the company said that it could further reduce the cost of taking cargo out of the earth's atmosphere.

State-controlled media outlet China Daily said the craft brought "a low-cost reusable cargo shuttle solution with Chinese characteristics to space exploration". The China Manned Space Agency awarded the spaceplane a contract for engineering flight verification on Oct. 29, the outlet reported.

Jonathan McDowell of the Harvard-Smithsonian Center for Astrophysics said the project could be a step to gain technology experience with spaceplanes before building crewed versions.

Spaceplanes, which launch atop a rocket booster into orbit but return to Earth as a glider and land on a conventional runway, have long been seen as efficient designs for reusable spacecraft.

The U.S. Space Shuttle, which was retired in 2011, used a complex system of heat-dissipating tiles to handle the extreme friction of reentry at nearly 20 times the speed of sound. Modern designs can use simpler heatshields with advanced materials that are lighter and easier to maintain.

The Shuttle carried astronauts and cargo to the International Space Station (ISS), a role now filled by SpaceX's Dragon, and Russian Soyuz and Progress capsules. U.S. company Sierra Space's Dream Chaser spaceplane was recently awarded a NASA contract to carry cargo to orbit.

China has been flying a military spaceplane for years, keeping it in space for months at a time. Little is known about what it is used for, but experts say the ability to deploy and retrieve objects from orbit - such as small satellites - could have immense military value.

The U.S. also operates a military spaceplane, the Boeing X-37B, which has spent years in orbit at altitudes up to 38,000 kilometres.

The first modules of China's space station launched into orbit in 2021; there have been eight crews sent there so far. The ISS has been in orbit for 25 years and has been continuously occupied since 2000.

The air show in Zhuhai runs from Tuesday to Nov. 17.

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
Apple's China iPhone Units Tracking Lower in March Amid Challenging Demand Environment, Wedbush Says
Apple's China iPhone Units Tracking Lower in March Amid Challenging Demand Environment, Wedbush Says
Apr 9, 2024
02:36 PM EDT, 04/09/2024 (MT Newswires) -- Apple's ( AAPL ) iPhone unit sales in China are tracking moderately lower on a year-over-year basis for the March quarter as the company navigates one of the most difficult demand environments seen over the last five years in the key region, Wedbush Securities said on Tuesday. Sluggish sales in China remain a...
Amazon asks court to dismiss antitrust lawsuit over web traffic sharing
Amazon asks court to dismiss antitrust lawsuit over web traffic sharing
Apr 9, 2024
April 9 (Reuters) - Amazon.com ( AMZN ) has asked a U.S. court to dismiss a lawsuit claiming its cloud-computing unit AWS stamped out a startup that worked with Fortnite maker Epic Games and other customers to provide fast internet connections. Amazon ( AMZN ) in a filing on Monday in Seattle federal court said Subspace omega LLC's lawsuit should...
Market Chatter: Former BoC Governor Mark Carney Warns of
Market Chatter: Former BoC Governor Mark Carney Warns of "Slower and Shallower" Rate Cuts
Apr 9, 2024
02:43 PM EDT, 04/09/2024 (MT Newswires) -- Former Bank of Canada and Bank of England governor Mark Carney warned that central banks may cut interest rates more slowly and by less than many expect as monetary policy adjusts to a new era defined by structurally higher inflation, The Globe and Mail newspaper is reporting Tuesday. Speaking at an event in...
Cimpress Insider Sold Shares Worth $433,918, According to a Recent SEC Filing
Cimpress Insider Sold Shares Worth $433,918, According to a Recent SEC Filing
Apr 9, 2024
02:35 PM EDT, 04/09/2024 (MT Newswires) -- Florian Baumgartner, Executive Vice President and CEO, Vista, on April 08, 2024, sold 4,433 shares in Cimpress ( CMPR ) for $433,918. Following the Form 4 filing with the SEC, Baumgartner has control over a total of 29,360 shares of the company, with 29,360 shares held directly. SEC Filing: https://www.sec.gov/Archives/edgar/data/1262976/000126297624000025/xslF345X03/wk-form4_1712687185.xml Price: 97.38, Change:...
Copyright 2023-2025 - www.financetom.com All Rights Reserved