Looking for a used or new machine tool?
1,000s to choose from
Machinery-Locator
TDT Machine Tools MPU XYZ Machine Tools MPU Bodor MPU Ceratizit MPU Hurco MPU

Machinery-Locator
The online search from the pages of Machinery Market.

BRIDGEPORT BR2J TURRET MILL (12238)
BRIDGEPORT BR2J TURRET MILL R8 Spindle : Variable Speeds 50 - 3750 rpm : Table 42
BRIDGEPORT BR2J TURRET MILL R8 Spindle : Variable Speeds 50 - 3750 rpm : Table 42" x 9" : Power Feed...
BW Machine Tools Ltd

Be seen in all the right places!

Intermach 2020 Toolex 2020 ITM Industry Europe 2020 Metalex 2020 Manufacturing & Supply Chain Expo MACH 2021 Subcon Manufacturing Supply Chain Expo 2021 FITMA 2021 TCT 3SIXTY

Chinese start-up aims for the stars

Posted on 14 Sep 2020 and read 333 times
Chinese start-up aims for the starsGuangzhou-based Guoyao Tech is developing a novel launch system — based on electromagnetic technology to send both satellites and humans into space. The company has now unveiled plans for a prototype space launch of 10kg by 2022 and short-range tonnage launch by electromagnetic by 2023.

Guoyao Tech was founded in 2017, acquiring seed funding in 2018 when it hired Dr Yadong Zhang as its chief technology officer. In October 2019, after the company successfully completed its prototype electromagnetic launcher, it secured a further $1.5 million in Series A funding.

Dr Zhang said that the electromagnetic launching technology has a huge potential which is not just limited to rocket launch as it can also be applied to various forms of civil rescue and field exploration scenarios.

He explained: “In early 2020, our team successfully produced the world's first electromagnetic thrower for commercial use. The rescue equipment product has been granted 20 innovation patents in China and production capacity could reach 150,000 units a year.”

Guoyao is also attempting to cut the cost of manned, low Earth orbit (LEO) launch to $2.6 million per launch by 2025. It will be the only electromagnetic launch system that will be capable of sending human into orbit without the traditional use of chemical rockets.

Dr Zhang continued: “Our team has a strong background in electromagnetic launching technology and can quickly start the technology validation phase. The operation is flexible and can allow multiple payloads per day into Low Earth orbit, which can fully meet the launching demand of future commercial and military satellites.

“There will be no environmental damage from electromagnetic launch and it could eventually replace the first stage of rocket propulsion. A launch can be done without the need for staged propulsion, it can throw satellites directly into near-Earth orbit.

“Moreover, electromagnetic launch is inexpensive compared to conventional chemical rockets. We aim to cut the launch cost to $600 per kg of payload.”