{"id":156319,"date":"2026-08-20T06:00:29","date_gmt":"2026-08-20T06:00:29","guid":{"rendered":"http:\/\/cryptospotters.net\/?p=156319"},"modified":"2026-08-20T06:00:29","modified_gmt":"2026-08-20T06:00:29","slug":"armed-with-funding-boost-spacesail-accelerates-chinas-push-to-rival-elon-musks-starlink","status":"publish","type":"post","link":"http:\/\/cryptospotters.net\/?p=156319","title":{"rendered":"Armed with funding boost, SpaceSail accelerates China\u2019s push to rival Elon Musk\u2019s Starlink"},"content":{"rendered":"<p>Source: Tech &#8211; South China Morning PostIn a record funding round for China\u2019s satellite internet sector, domestic start-up SpaceSail has raised around 7 billion yuan (US$1 billion) to accelerate the buildout of a low-Earth-orbit (LEO) network designed to compete with Elon Musk\u2019s Starlink project.<br \/>\nKnown officially as Shanghai Spacecom Satellite Technology, the operator of China\u2019s Qianfan constellation completed its Series B round on Monday, according to a notice published on the website of the Shanghai United Assets and Equity&#8230;<a href=\"https:\/\/www.scmp.com\/tech\/article\/3364654\/armed-funding-boost-spacesail-accelerates-chinas-push-rival-elon-musks-starlink?utm_source=rss_feed\" target=\"_blank\" class=\"feedzy-rss-link-icon\" rel=\"noopener\">Read More<\/a><\/p>","protected":false},"excerpt":{"rendered":"<p>Source: Tech &#8211; South China Morning PostIn a record funding round for China\u2019s satellite internet sector, domestic start-up SpaceSail has raised around 7 billion yuan (US$1 billion) to accelerate the&hellip; <\/p>\n","protected":false},"author":0,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[4],"tags":[],"_links":{"self":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/156319"}],"collection":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/types\/post"}],"replies":[{"embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=156319"}],"version-history":[{"count":0,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=\/wp\/v2\/posts\/156319\/revisions"}],"wp:attachment":[{"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=156319"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=156319"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/cryptospotters.net\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=156319"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}