China Grants First Private Satellite IoT Trial Permit to Geely's Geespace

The Ministry of Industry and Information Technology (MIIT) granted Zhejiang Geespace Technology, the commercial space subsidiary of electric vehicle giant Geely, a two-year trial period, according to a notice published on the ministry’s website on Thursday.

Geespace will provide low-power, wide-coverage connectivity across sectors including smart transport, marine fisheries, energy, and water infrastructure.

The decision makes Geespace the first private Chinese company to secure approval for a satellite IoT commercial trial, underscoring Beijing’s push to accelerate the development of its commercial space sector.

In May, MIIT issued the country’s first satellite IoT trial permit to Beijing Guodian High-Tech Technology, an entity backed by state-owned China Mobile, the nation’s largest wireless carrier.

Satellite IoT delivers low-speed data services through satellite networks to link sensors, vehicles and equipment.