Chinese Satellite Startup Ada Space Technology Eyes IPO

launch of ada space satellite

A recent launch of an Ada Space AI satellite from the sea near Haiyang, China.

Credit: Guo Houze/Xinhua
Chinese satellite startup Ada Space Technology has filed preliminary paperwork to go public. The company, which was founded in 2018, launched its first satellite the same year and has grown to generate around $33 million in turnover in the first nine months of 2024, it said in a regulatory filing...
Robert Wall

Robert Wall is Executive Editor for Defense and Space. Based in London, he directs a team of military and space journalists across the U.S., Europe and Asia-Pacific.

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