Zhao Ye plans to invest more than 2 billion RMB annually in the aerospace industry, mainly in three areas: rockets, satellites, and engines.
When Musk first entered the rocket industry, he only invested $100 million. However, after many rounds of financing, he had already raised funds 29 times before Zhao Ye's rebirth, with a total financing amount of $9.8 billion.
Investing in the aerospace industry seems to require far less capital than investing in the semiconductor industry, and Wujiang Group has the financial resources to fully support it. Moreover, once the country has more funds in the future, there will certainly be subsidies and support, making China's future aerospace industry quite promising.
Currently, there is only one rocket launch company in China, namely Long March Rocket Company, which is a joint venture established by Wujiang Group and the state. It will undertake all rocket launch missions in China, and in terms of development potential, it far surpasses Musk's SpaceX.
...
...
At this moment, the whole country was jubilant!
China's successful launch of "AsiaSat 1" is of great significance.
China has once again proven to the world that it is one of the few countries in the world capable of launching geostationary satellites. At this moment, China can fully utilize the Long March 3 carrier rocket for commercial launches, thus bringing China's aerospace technology into the international commercial market!
Currently, many countries and companies would like to launch their own geostationary satellite.
China's rocket launch costs are naturally much lower than those of the United States, the Soviet Union, and France. Therefore, the Long March Rocket Company is fully capable of undertaking rocket launch orders from various countries.
In its previous life, China missed many opportunities to make money because it invested too little in the aerospace field, had limited rocket production capacity, and did not actively seek business.
But this life is different.
The Long March Rocket Company received investment from Wujiang Group, which has brought about tremendous changes in talent, technology, scale, and management.
It is no longer a purely state-owned enterprise, but a joint venture with a strong commercial focus. The state doesn't handle sales, but Wujiang Group does; the state doesn't focus on controlling rocket costs, but Wujiang Group does.
After the successful launch of AsiaSat 1, sales staff from the Long March Rocket Company took action, proactively contacting space agencies in various countries to inquire whether they needed China's assistance in launching satellites and to quote them prices. The cost of launching a rocket in China is approximately US$120 million.
However, this is much lower than the cost of rocket launches in the United States, which often exceeds two or three hundred million US dollars.
The Long March 3 rocket actually costs less than 40 million US dollars, and the cost would be even lower with mass production. Therefore, launching rockets is a very profitable business. Even if the first launch fails, there's always a second or third attempt; even if there's a loss, it's not a large one.
Only by launching rockets more times can researchers collect information, summarize experience, and thus develop more advanced rockets.
Not long after Zhao Ye returned to Shanghai, space agencies from seven or eight countries, including the UK, Germany, and Singapore, as well as five or six companies, including Motorola, showed great interest in China's rocket launch project and began sending people over to discuss cooperation.
When Zhao Ye received the news, he was overjoyed. China is one of only four countries in the world capable of launching geostationary satellites, yet in his previous life, it received very few international orders, which was a real pity.
Zhao Ye looked out the window with his head held high and said with anticipation, "China's aerospace industry must seek development through international competition. Once we break through the initial barrier, the road ahead will only become wider and wider!"
"I heard that Motorola has also sent people to contact Long March Rocket Company. It seems that the 'Iridium Project' has already been proposed within Motorola!"
At this point, Zhao Ye couldn't help but laugh.
Motorola's Iridium project launched 66 satellites for global mobile phone communications. By using satellite handheld phones, users could make and receive phone calls from anywhere on Earth!
The idea is certainly good, but as the saying goes, "Being half a step ahead makes you a pioneer, but being a full step ahead makes you a martyr."
The Iridium project may have been too far ahead of its time, and Motorola became a martyr.
Furthermore, the entire Iridium system has many flaws, such as Iridium phones being unable to receive signals inside buildings, bulky equipment, high cost, and unsatisfactory voice quality, etc.
In addition to other factors, the Iridium project ultimately failed completely.
Nokia was able to surpass Motorola in the 1990s because Motorola focused its main efforts on the Iridium satellite project.
Motorola must have been thinking back then: "What's a 2G phone? When our Iridium satellite project is successfully launched, the whole world will be using Motorola's Iridium phones!!!"
Therefore, Motorola did not pay much attention to 2G phones. Otherwise, given Motorola's technological foundation, how could Nokia possibly be its competitor?
Zhao Ye was naturally pleased with the outcome and hoped that Motorola would go further and further down this path of no return!
...
"Boss, at this year's Autumn Canton Fair, Tiangong Technology Company wants to showcase its low-end CNC machine tools and strive to enter the international market!" Zhou Huicheng, the general manager of Tiangong Technology Company, called at this time.
"That's great! In the international market, low-end CNC machine tools are mostly monopolized by Japanese CNC machine tools. We can break this monopoly and give the Japanese, who are living a pretty good life, a little trouble!" Zhao Ye said with a smile.
"Haha, of course!" Zhou Huicheng laughed heartily.
This chapter is not finished yet. Please click on the next page to continue reading the exciting content!
Continue read on readnovelmtl.com
