China’s two new satellites are a step towards completion of its Space Silk Road

China has successfully launched another two satellites that will be part of its native BeiDou Navigation Satellite System (BDS) – the country’s competitor to the American GPS system. The satellites will bolster China’s ambitious Space Silk Road project – the country’s programme to boost its global revenue from positioning and navigation systems. The launch was significant for multiple reasons. First, the BeiDou Navigation Satellite System was built with China’s requirements for national security, and socioeconomic development in mind. More

(Source: TNW - Oct 16)