🚗 World's first commercial satellite network to boost self-driving cars' safety

Geely Holding Group, a Chinese automotive giant, launched its second batch of 11 satellites into low-earth orbit on Saturday as part of its ambitious plan to create a high-tech network for autonomous vehicles and other applications.

Geely owns several brands, including Volvo, Polestar, Lynk & Co, and Lotus. With the help of its satellites, Geely could monitor the status and location of its vehicles, optimize the routing and charging, and provide real-time updates and services to its customers. Find out more about how the boundaries between the automotive and space sectors are fading by reading today’s Must Read.

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Geespace, led by Zhejiang Geely Holding Group, aims to establish the world's first commercial satellite network, seamlessly integrating communication, navigation, and remote sensing. With ambitions in the automotive industry, the company plans to deploy 72 satellites by 2025 and eventually expand to 240.

As well as other tech capabilities, such as AI remote sensing, the satellites will provide clear and high-resolution images from space to enhance the accuracy and safety of self-driving cars.

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