Beidou Navigation Satellite System Stock

China s satellite navigation sector may top 400 billion yuan 57 billion in value this year state media said.

Beidou navigation satellite system stock.

Běidǒu wèixīng dǎoháng xìtǒng pe ito u we iɕi ŋ ta uxa ŋ ɕi tʰʊ ŋ is a chinese satellite navigation system. The third iteration of the beidou navigation satellite system promises to provide global coverage for timing and navigation offering an alternative to russia s glonass and the european galileo. It consists of two separate satellite constellations the first beidou system officially called the beidou satellite navigation experimental system and also known as beidou. 6 in geostationary orbits geo 10 in 55 inclined geosynchronous orbits igso and 26 in medium earth orbits meo.

Beidou navigation satellite system bds is a chinese satellite system consisting of two satellite constellations. As a temporal spatial infrastructure of national significance the bds provides all time all weather and high accuracy positioning navigation. Xichang june 23 2020 a carrier rocket carrying the last satellite of the beidou navigation satellite system blasts off from the xichang satellite launch center in southwest china s. Ahead of the beidou 3 completion satellite related shares have soared.

Et on daily market journal beijing bdstar. 12 2020 at 2 31 p m. The beidou navigation satellite system bds chinese. Completion and commissioning of the beidou navigation satellite system bds 3 on august 3 2020 a news conference was held at the state council information office for announcing that the bds 3 was formally commissioned.

This is a list of past and present satellites of the beidou compass navigation satellite system as of may 2020 42 satellites are operational. Beidou navigation satellite system market forecast to 2026 with global key companies profile supply demand cost structure feb. The beidou navigation satellite system bds has been independently constructed and operated by china with an eye on the needs of the country s national security and economic and social development. China uses its homegrown navigation system beidou for both military and civilian purposes.

Bds stated to be rivalling gps is the fourth global satellite navigation system in the world.