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Space Epoch
Space Epoch is a Chinese space launch company based on Beijing, which is developing a stainless-steel, methane-liquid oxygen type rocket, named XZY-1 or Yuanxingzhe-1. The company secured a 200 million yuan (US$27.6m) in financing in 2023. A collaboration with Taobao (Alibaba‘s e-commerce shopping platform) to make reusable rockets for parcel delivery was announced in March 2024. History In January 2023, the company performed hot fire tests of its rocket. The XZY-1 rocket is 64 meters tall, with a payload capacity of 6.500 kg to 1.100 km sun-synchronous orbit A Sun-synchronous orbit (SSO), also called a heliosynchronous orbit, is a nearly polar orbit around a planet, in which the satellite passes over any given point of the planet's surface at the same local mean solar time. More technically, it is ... (SSO). The tanks are three and fours meter diameter. The cargo cabin has a volume of over 120 m3. The Yuanxingzhe 1 is designed to be reusable and capable to sea landin ...
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Privately Held Company
A privately held company (or simply a private company) is a company whose Stock, shares and related rights or obligations are not offered for public subscription or publicly negotiated in their respective listed markets. Instead, the Private equity, company's stock is offered, owned, traded or exchanged privately, also known as "over-the-counter (finance), over-the-counter". Related terms are unlisted organisation, unquoted company and private equity. Private companies are often less well-known than their public company, publicly traded counterparts but still have major importance in the world's economy. For example, in 2008, the 441 list of largest private non-governmental companies by revenue, largest private companies in the United States accounted for $1.8 trillion in revenues and employed 6.2 million people, according to ''Forbes''. In general, all companies that are not owned by the government are classified as private enterprises. This definition encompasses both publ ...
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Aerospace
Aerospace is a term used to collectively refer to the atmosphere and outer space. Aerospace activity is very diverse, with a multitude of commercial, industrial, and military applications. Aerospace engineering consists of aeronautics and astronautics. Aerospace organizations research, design, manufacture, operate, maintain, and repair both aircraft and spacecraft. The border between space and the atmosphere has been proposed as above the ground according to the physical explanation that the air density is too low for a lifting body to generate meaningful lift force without exceeding orbital velocity. This border has been called the Kármán line. Overview In most industrial countries, the aerospace industry is a co-operation of the public and private sectors. For example, several states have a civilian space program funded by the government, such as NASA, National Aeronautics and Space Administration in the United States, European Space Agency in Europe, the Canadian Space A ...
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Beijing
Beijing, Chinese postal romanization, previously romanized as Peking, is the capital city of China. With more than 22 million residents, it is the world's List of national capitals by population, most populous national capital city as well as China's List of cities in China by population, second largest city by urban area after Shanghai. It is located in North China, Northern China, and is governed as a Direct-administered municipalities of China, municipality under the direct administration of the Government of the People's Republic of China, State Council with List of administrative divisions of Beijing, 16 urban, suburban, and rural districts.Figures based on 2006 statistics published in 2007 National Statistical Yearbook of China and available online at archive. Retrieved 21 April 2009. Beijing is mostly surrounded by Hebei Province and neighbors Tianjin to the southeast; together, the three divisions form the Jing-Jin-Ji, Jing-Jin-Ji cluster. Beijing is a global city and ...
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Yuanxingzhe-1
Space Epoch is a Chinese space launch company based on Beijing, which is developing a stainless-steel, methane-liquid oxygen type rocket, named XZY-1 or Yuanxingzhe-1. The company secured a 200 million yuan (US$27.6m) in financing in 2023. A collaboration with Taobao (Alibaba‘s e-commerce shopping platform) to make reusable rockets for parcel delivery was announced in March 2024. History In January 2023, the company performed hot fire tests of its rocket. The XZY-1 rocket is 64 meters tall, with a payload capacity of 6.500 kg to 1.100 km sun-synchronous orbit A Sun-synchronous orbit (SSO), also called a heliosynchronous orbit, is a nearly polar orbit around a planet, in which the satellite passes over any given point of the planet's surface at the same local mean solar time. More technically, it is ... (SSO). The tanks are three and fours meter diameter. The cargo cabin has a volume of over 120 m3. The Yuanxingzhe 1 is designed to be reusable and capable to sea landin ...
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Taobao
Taobao is a Chinese online shopping platform. It is headquartered in Hangzhou and is owned by Alibaba. According to Alexa rank, it was the eighth most-visited website globally in 2021. Taobao.com was registered on April 21, 2003 by Alibaba Cloud Computing (Beijing) Co., Ltd. Taobao Marketplace facilitates consumer-to-consumer retail by providing a platform for small businesses and individual entrepreneurs to open online stores that mainly cater to consumers in Chinese-speaking regions (Mainland China, Hong Kong, Macau and Taiwan Taiwan, officially the Republic of China (ROC), is a country in East Asia. The main geography of Taiwan, island of Taiwan, also known as ''Formosa'', lies between the East China Sea, East and South China Seas in the northwestern Pacific Ocea ...) and abroad, which is made payable by online accounts. Its stores usually offer an express delivery service. Sellers are able to post goods for sale either through a fixed price or an auction. Auction ...
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Alibaba Group
Alibaba Group Holding Limited, branded as Alibaba (), is a Chinese Multinational corporation, multinational technology company specializing in E-commerce in China, e-commerce, retail, Internet, and technology. Founded on 28 June 1999 in Hangzhou, Zhejiang, the company provides consumer-to-consumer (C2C), business-to-consumer (B2C), and business-to-business (B2B) sales services via Chinese and global marketplaces, as well as local consumer, digital media and entertainment, logistics, and cloud computing services. It owns and operates a diverse portfolio of companies around the world in numerous business sectors. On 19 September 2014, Alibaba's American initial public offering (IPO) on the New York Stock Exchange raised US$25 billion, giving the company a market value of US$231 billion and, by far, then the largest IPO in world history. It is one of the top 10 most valuable corporations, and is named the 31st-largest public company in the world on the Forbes Global 2000, ...
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E-commerce
E-commerce (electronic commerce) refers to commercial activities including the electronic buying or selling products and services which are conducted on online platforms or over the Internet. E-commerce draws on technologies such as mobile commerce, electronic funds transfer, supply chain management, Internet marketing, online transaction processing, electronic data interchange (EDI), inventory management systems, and automated data collection systems. E-commerce is the largest sector of the electronics industry and is in turn driven by the technological advances of the semiconductor industry. Defining e-commerce The term was coined and first employed by Robert Jacobson, Principal Consultant to the California State Assembly's Utilities & Commerce Committee, in the title and text of California's Electronic Commerce Act, carried by the late Committee Chairwoman Gwen Moore (D-L.A.) and enacted in 1984. E-commerce typically uses the web for at least a part of a transacti ...
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Sun-synchronous Orbit
A Sun-synchronous orbit (SSO), also called a heliosynchronous orbit, is a nearly polar orbit around a planet, in which the satellite passes over any given point of the planet's surface at the same local mean solar time. More technically, it is an orbit arranged so that it Precession, precesses through one complete revolution each year, so it always maintains the same relationship with the Sun. Applications A Sun-synchronous orbit is useful for imaging satellite, imaging, reconnaissance satellite, reconnaissance, and weather satellites, because every time that the satellite is overhead, the surface illumination angle on the planet underneath it is nearly the same. This consistent lighting is a useful characteristic for satellites that image the Earth's surface in visible or infrared wavelengths, such as weather and spy satellites, and for other remote-sensing satellites, such as those carrying ocean and atmospheric remote-sensing instruments that require sunlight. For example, ...
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Eastern Time Zone
The Eastern Time Zone (ET) is a time zone encompassing part or all of 23 U.S. states, states in the eastern part of the United States, parts of eastern Canada, and the state of Quintana Roo in Mexico. * Eastern Standard Time (EST) is five hours behind Coordinated Universal Time (UTC−05:00). Observed during standard time (late autumn/winter in the United States and Canada). * Eastern Daylight Time (EDT) is four hours behind Coordinated Universal Time (UTC−04:00). Observed during daylight saving time (spring/summer/early autumn in the United States and Canada). On the second Sunday in March, at 2:00 a.m. EST, clocks are advanced to 3:00 a.m. EDT, creating a 23-hour day. On the first Sunday in November, at 2:00 a.m. EDT, clocks are moved back to 1:00 a.m. EST, which results in a 25-hour day. History The boundaries of the Eastern Time Zone have moved westward since the Interstate Commerce Commission (ICC) took over time-zone management from railroads in ...
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Sub-orbital Spaceflight
A sub-orbital spaceflight is a spaceflight in which the spacecraft reaches outer space, but its trajectory intersects the surface of the primary (astronomy), gravitating body from which it was launched. Hence, it will not complete one orbital revolution, will not become an artificial satellite nor will it reach escape velocity. For example, the path of an object launched from Earth that reaches the Kármán line (about – above sea level), and then falls back to Earth, is considered a sub-orbital spaceflight. Some sub-orbital flights have been undertaken to test spacecraft and launch vehicles later intended for orbital spaceflight. Other vehicles are specifically designed only for sub-orbital flight; examples include crewed vehicles, such as the North American X-15, X-15 and SpaceShipTwo, and uncrewed ones, such as intercontinental ballistic missile, ICBMs and sounding rockets. Flights which attain sufficient velocity to go into low Earth orbit, and then de-orbit before com ...
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Shandong
Shandong is a coastal Provinces of China, province in East China. Shandong has played a major role in Chinese history since the beginning of Chinese civilization along the lower reaches of the Yellow River. It has served as a pivotal cultural and religious center for Taoism, Chinese Buddhism and Confucianism. Shandong's Mount Tai is the most revered mountain of Taoism and a site with one of the longest histories of continuous religious worship in the world. The Buddhist temples in the mountains south of the provincial capital of Jinan were once among the foremost Buddhist sites in China. The city of Qufu was the birthplace of Confucius, and later became the center of Confucianism. Shandong's location at the intersection of ancient and modern north–south and east–west trading routes has helped establish it as an economic center. After a period of political instability and economic hardship beginning in the late 19th century, Shandong has experienced rapid growth in recent de ...
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