The biggest balloon-making company in China is about to get a big boost
A new Chinese construction company, Balloon Design Group, has been awarded a $1.2 billion contract to build a new $1 billion high-speed ballooning facility.
The announcement comes as the Chinese government is considering the countrys first ever high- speed train system, a $50 billion plan that would link Beijing to Shanghai and Shenzhen, where some of China’s biggest companies are based.
Balloon will use the existing construction site of the China National Space Administration (CNSA) as a template for the facility.
Balloons are currently being used to build the CNSA’s Hainan Space Center, which was built under the former U.S. government and was built to house the space shuttle, and the National Space Science and Technology Center (NSSTC).
The CNSA also recently built a high-altitude space station called the NSSTC 1, which will house a new facility for high-performance supercomputers and the world’s largest supercomputing network, and is expected to be finished in 2021.
Balloom Design Group was selected to build CNSA 1 and NSSCT 1 as part of the country’s bid to build its own high-frequency supercomputed network.
“The project is a significant step forward for CNSA and our country’s space program,” said Balloon President and CEO, David Chang.
Balloons are the second biggest provider of high-fidelity balloons in China after Japan, with a fleet of more than 100,000 balloons. “
China is now poised to be the world leader in the development of supercomputational capabilities,” Chang added.
Balloons are the second biggest provider of high-fidelity balloons in China after Japan, with a fleet of more than 100,000 balloons.
In 2015, the Chinese military launched its first commercial high-definition (HD) satellite, the Tiananmen, to demonstrate its capabilities.
China has been making a push to upgrade its balloon infrastructure to accommodate the next generation of supercomputer systems.
In June, the CNSC launched a massive, multi-billion dollar high-tech research and development program to develop an optical fiber network to support China’s next-generation supercomputer network.
China’s government has also begun planning for its first orbital rocket, and in October announced plans to launch the Shenzhou-11 spacecraft in 2019.
China is also planning to build an orbiting space station by 2020, with the goal of launching it into space by 2020.
The project, however, has faced some hurdles in recent years.
In January, the National Development and Reform Commission (NDRC) said it would not grant a license for the construction of a high speed ballooning station, which would be used for space missions.
The NSC also said in January that it would need to pay $3 billion in a new contract for the building of a facility for building and maintaining the CNNSAC network.
The CNSC said in a statement that the CNNASC 1 and CNNSEC 1 will be the first two high-capacity high-bandwidth satellites in China.
The country has said it wants to establish a space station that can support its next-gen supercompletes by 2022.