CHINA GREENLIGHTS GEELY'S FIRST PRIVATE SATELLITE IOT TRIAL

Geely's subsidiary Geespace will deploy satellite IoT services targeting transportation, energy, and other sectors requiring remote connectivity. The two-year trial represents the first approval of its kind for a private Chinese firm in the satellite IoT space. The move signals Beijing's willingness to leverage private sector innovation in satellite communications, an area traditionally dominated by state-owned enterprises. Geely, best known for automotive manufacturing, has been expanding into mobility services and connected vehicle technologies. Satellite IoT networks provide connectivity in areas lacking terrestrial infrastructure, enabling real-time tracking and data collection across industries. Success in this trial could pave the way for broader commercialization of private satellite services in China, potentially competing with international providers like Starlink. The permit comes as China accelerates space industry reforms to maintain technological competitiveness with the United States.