Geespace becomes first private Chinese firm to secure approval for a satellite IoT trial, underscoring Beijing’s commercial space drive
2-MIN READ2-MIN ListenBen Jiangin BeijingPublished: 2:00pm, 21 Aug 2026Updated: 2:04pm, 21 Aug 2026China has approved its first private-sector commercial trial for satellite Internet of Things (IoT) services, granting a permit to a Geely-backed venture as part of broader efforts to open the country’s burgeoning satellite communications market to private capital.The Ministry of Industry and Information Technology (MIIT) granted Zhejiang Geespace Technology, the commercial space subsidiary of electric vehicle giant Geely, a two-year trial period, according to a notice published on the ministry’s website on Thursday.
Geespace will provide low-power, wide-coverage connectivity across sectors including smart transport, marine fisheries, energy, and water infrastructure.
The decision makes Geespace the first private Chinese company to secure approval for a satellite IoT commercial trial, underscoring Beijing’s push to accelerate the development of its commercial space sector.
In May, MIIT issued the country’s first satellite IoT trial permit to Beijing Guodian High-Tech Technology, an entity backed by state-owned China Mobile, the nation’s largest wireless carrier.
01:41China becomes first nation to recover orbital launch rockets with 2 distinct pathsSatellite IoT delivers low-speed data services through satellite networks to link sensors, vehicles and equipment.
