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Chinese company releases new digital products supporting commercial aerospace, low-altitude industries

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      China

      China

      Chinese company releases new digital products supporting commercial aerospace, low-altitude industries

      2024-07-09 14:07 Last Updated At:15:27

      Chinese researchers on Monday introduced advanced digital products designed to better support commercial aerospace operations and low-altitude flight activities at a current aerospace information conference in east China's Wuxi City.

      Geovis Technology Co., Ltd., a Chinese company specializing in digital space technology services, launched the new generation of its computing and analytical platform designed for commercial aerospace applications.

      Built on the company's data cloud technology, this platform uses smart algorithms and big data capabilities to help with aerospace tasks like intelligent satellite layout planning, analysis of satellite communication interference, strategies for on-orbit services, and design of orbits for deep space exploration.

      The platform also offers improved calculations for warning about potential satellite collisions, which is crucial as the number of satellites in space continues to increase.

      "Our entire data cloud system includes data from 350 satellites, nearly a thousand algorithms designed for processing satellite data, and the computing power of four supercomputers. This integration enhances our ability to provide comprehensive aerospace information," said Shao Zongyou, CEO of Geovis Technology Co., Ltd.

      Additionally, the company has introduced another product this time: a system developed using its data cloud technology, aimed at enhancing intelligent management and service levels in low-altitude domains. This system can simulate low-altitude environments, monitor real-time flight dynamics, plans optimal paths, and coordinates multiple aircraft to prevent collisions.

      Chinese company releases new digital products supporting commercial aerospace, low-altitude industries

      Chinese company releases new digital products supporting commercial aerospace, low-altitude industries

      Next Article

      US stocks nosedive on escalating trade tensions

      2025-04-05 00:51 Last Updated At:02:17

      U.S. stocks plunged again during Friday's morning session as investors braced for escalating trade tensions sparked by President Donald Trump's reciprocal tariffs.

      As of 10:15 Eastern Time (14:15 GMT), the Dow Jones Industrial Average had dropped 1,286.43 points, or 3.17 percent, to 39,259.50. The S and P 500 fell 201.77 points, or 3.74 percent, to 5,194.75, while the Nasdaq Composite declined 645.31 points, or 3.9 percent, to 15,905.30.

      Markets also suffered sharp losses on Thursday, with the Dow, S and P 500, and Nasdaq falling 3.98 percent, 4.84 percent, and 5.97 percent, respectively.

      According to U.S. media reports on Friday, the combined market value of the seven major U.S. tech stocks dropped by approximately 1.03 trillion U.S. dollars during Thursday's trading session.

      According to a CNBC report, following China's countermeasures against Trump's so-called reciprocal tariffs, investors are concerned that a potential trade war could push the global economy into recession -- a key factor behind the sharp decline in the U.S. stock market at the opening.

      US stocks nosedive on escalating trade tensions

      US stocks nosedive on escalating trade tensions

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