国产热热热精品,亚洲视频久久】日韩,三级婷婷在线久久,99人妻精品视频,精品九热人人肉肉在线,AV东京热一区二区,91po在线视频观看,久久激情宗合,青青草黄色手机视频

Business / Companies

Space-tech outfit on shopping spree

(China Daily) Updated: 2016-09-19 08:14

Space-tech outfit on shopping spree

A Martin Jetpack, the world's first practical and commercial jetpack, which is developed by KuangChi Science, an innovative high-tech startup in Shenzhen, Guangdong province.[Provided to China Daily]

KuangChi Science Ltd, the Chinese technology company hoping to send tourists into space and develop flying jet-packs, could soon go on a $600 million investment spurt.

KuangChi, whose other projects include the Wearable Spiritual Armour exoskeleton, launched a $300 million fund in May to back startups working on cutting-edge computing, space-faring technology and communications. The fund's outlay may double because of the plethora of suitable companies that have since contacted the Hong Kong-listed company, Founder and Chairman Liu Ruopeng told Bloomberg News.

Liu's also hoping to develop technology to decipher human emotions. Last week, it announced a $3 million investment in Israel's Beyond Verbal Communication Ltd, which specializes in voice analytics software, part of an overall $50 million doled out so far. The company relies on Chinese government grants to bankroll its research into moonshots, as well as bank lines of credit, he said.

"It really depends on how many companies and how much technology is actually within our scope, and it's also reliant on how many strategic partners work together with us," said Liu, a Duke University graduate who was part of the team that worked on the feasibility of light-bending invisibility cloaks.

Six-year-old KuangChi has a lot on its plate. Despite having few products on the market, Liu is intent on funding research into everything from space-faring capsules to the Martin Jetpack, a prototype of which it acquired from a New Zealand researcher last year.

Later this year, it intends to send mice and turtles into near-space-between 20 to 100 kilometers above sea level-via a capsule hooked up to balloons. If that works, KuangChi can begin exploring sending humans aloft. It's even delving into family entertainment: Liu plans to invest 10 billion yuan ($1.5 billion) on a theme park that will allow visitors to experience life in the future and outer space, he told China Daily in a previous interview.

The company has come under fire in local media for having plenty of ideas but few available products. Liu, in turn, says his company is focused on commercializing products as quickly as possible. Its main product is the Cloud, a network of balloons that provides internet access and data analysis much like Google's Project Loon, or surveillance for government agencies. And the jetpack is set for commercial operations by 2017, he said.

 

Hot Topics

Editor's Picks
...
秦皇岛市| 江华| 迁西县| 乐都县| 德庆县| 松江区| 且末县| 孟州市| 恭城| 湘潭县| 翁牛特旗| 酉阳| 湖南省| 壶关县| 阆中市| 大连市| 花垣县| 苗栗市| 建德市| 平武县| 阿克陶县| 响水县| 大埔县| 志丹县| 抚顺市| 耒阳市| 泸水县| 青龙| 建瓯市| 辉县市| 富顺县| 和政县| 柏乡县| 洪泽县| 临泉县| 临沭县| 临桂县| 普定县| 沙湾县| 克拉玛依市| 岳阳市|