China’s commercial space sector expands global footprint with Thailand deal

Aug 28, 2026 | INVESTING

Beijing-based GalaxySpace’s deployment this week of what it called China’s first turnkey satellite export to Southeast Asia underscores how the country is boosting its space influence overseas amid competition with Elon Musk’s SpaceX.
GalaxySpace said it launched the Lingzhi-09 Thailand CubeSat aboard a Long March-6C rocket – alongside six other satellites – from the Taiyuan Satellite Launch Centre in Shanxi province on Tuesday.
Developed for Thailand’s Geo-Informatics and Space Technology…

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