A Millennial’s Tiny Satellites Are Helping China Advance in the Space Race
bloomberg.com
bloomberg.com
I feel grouping groups of 18 to 40 year olds (or any other arbitrary starting and ending age depending on the definition of millennial we're using) as one category called Millennial is one of the most confusing terms. You can't even use it as a scientific classification or categorization or even define a person properly using the word Millennial because definitions vary and the person could be 20, 30 or as in this article, 36.
The point remains, however, is that the span is too great for a single term to define them to any degree whatsoever.
I thought it was people born after the turn of the millenium.
What happended to "gen Y"?
Note that if you're in the older end of the cohort (mid-30s), there's some effort to rebrand those as 'Xennials', if for some reason you're really bothered by being called a millennial :)
This is why there is a Generation X/Millennial "transition" group of people that is sometimes referred to a Xennials[1].
'Millennial' seems to have been the catchier name, so it stuck around more - I think most people who are Millennial or Gen Y are also the other.
Is 3 letters longer.
In this article, the author seems to have mistaken Spacety with another startup LaserFleet when it comes to "offering to provide Wi-Fi service on airplanes", the latter explicitly cliams in their job listings to "have government backing", when a Chinese company says that, you set expectations low, coz they don't aim to be financially viable and usually don't have real advanced technology, maybe not even serious, let alone their grand plans.
The main subject "Spacety", all they did so far is building some concept-proof and experimental cubesats (which seems to be their real and only business model), offers 2 types of cubesat platform to do "space experiments", again, at 100K RMB price point, sounds just like yet another company caters to government policies.
Private space industry is a hot topic right now, with Spacex succeeding, former doubters(which abouds on Chinese Quora) are forced to come up with face-saving me-too policies and projects, personally I doubt any of the existing space startups in China is viable, partly because state enterprise's inherent desire and ability to eliminate competition.
Remember that Chinese guy who cliamed to actually build Nicaragua canal? His company is under stock suspension for 2 years now and no signs of resuming any time soon, that's after a daring news report questioning their glorious Cambodia telecom operation which the company claimed to have a whopping 60%+ net profit ratio and accouts for 90%+ of their revenue. Unsurprisingly, they too claim they have government backing and military ties and is "for the party and country".
That's weird, this sounds like throw the money to ocean and hope you can get it back with some profit.....
Lower orbits are cheaper to reach, and just like cellphones the high turnover of technology means that they will become obsolete quickly too. Today you might want a ""5G"" base station in space (+), in a few years time you'll want a ""6G"" one.
(+) this is an analogy
Although space is quite big / endless, but the surface area of our earth in space isn't that big enough.