My autobiography is definitely not a tragedy!

Chapter 513: Limiting Dogs


Actually, if you want to follow, as long as money is not an issue, of course, you can bite the bullet and follow.

After all, in the past two years, the domestic market has been opened to private aerospace investment, and numerous private aerospace companies like Yiling Space, Red Arrow Technology, and Xinghai Power have emerged like mushrooms after the rain under the angel investment from various capitals.

But you have to look at who is qualified to invest.

Chunxiao Capital, Harbin Institute of Technology Robot Group, Merchants Venture Capital, Qianhai Wutong... One could say each has numerous ties with red capital.

You wouldn't know until you check, but once you do, their backgrounds could shock you.

Engaging in aerospace is, of course, a money-burning business, extremely so, to the point that ordinary venture capital firms are not qualified to invest in the A round post angel funding.

Moreover, having money is just the first gateway!

Rocket boosters, aerospace materials, senior researchers... even rocket launch sites are scarce resources that money alone cannot buy.

The engineering volume of aerospace technology is not something one or two companies can start from scratch with just money. Without the support of national-level military technology, you can't even buy advanced aerospace materials.

Are these things casually sold to ordinary businessmen?

If you can build rockets, you can basically build missiles too, as the technologies are interconnected. This is truly top-notch military industry!

But is having money and background enough?

Of course not, you also have to convince the board!

"Director X, look, there's an investment here worth billions, but the return on investment is N-long, and it's probably just going to make some noise. But for the stars and seas, let's invest..."

Yes, investors in this field should basically not think about making money.

Even powerful countries have to tighten their belts to allocate huge amounts of funding every year to support the development of aerospace technology. How dare you expect profits right from the start?

In the history of private aerospace enterprises, there has been only one that could go from inception to profitability...

And that is SpaceX!

Yet even with NASA's support, that happened a decade after the company's founding.

The commercial satellite launch market is indeed vast, but it was essentially monopolized by the three spacefaring powers: Country Hua, Northern Country, and across the ocean. Now it's further dominated by SpaceX alone.

To profit in such a scenario is possible, either you are funded and ordered by the government little by little until you're grown,

or you develop monopolistic technology, a strong player takes all, just like how SpaceX did with rocket recovery...

Judging by the few domestic startups just getting going now, neither of these conditions is present.

As for monopolistic technology, it goes without saying; the technological gap with SpaceX starts at five years, and market competition is utterly Hell Level.

As for being funded and ordered...

The former is easier said than done, as for the latter...

With the current state of the domestic aerospace industry barely able to hold itself, if there were orders, wouldn't Hua Hang Science and Technology prefer to consume them internally?

The ones born into it are still starving, and you want me to feed the foster ones?

This is the awkward situation domestic aerospace companies are facing.

In fact, the reason why Country Hua allows openness in the aerospace market during such difficult times is also a forced choice.

Apart from the surface-level reason of activating the market, if you're aware of the timeline, you'll find that the opening of the aerospace market in Country Hua happened just a year after SpaceX successfully conducted its first rocket recovery...

No choice but to open it... the satellite orbit resources are limited; the more others occupy, the less you have.

And with the rigid corporate system of Hua Hang Science and Technology, it doesn't possess any kind of commercial competitiveness.

Of course, speaking of rigidity and inefficiency, Northern Country's military industry and the space agency across the ocean are not much better off than Country Hua. The pot calling the kettle black.

However, the tides shift.

In the past competitive era between nations, Country Hua's nationwide system had a huge advantage. Across the ocean, witnessing its aerospace technology almost overtaken amidst deindustrialization, the Wolf Clause couldn't even stop the rise of Country Hua, naturally left them anxious.

And so... it did what it always does, utterly mucked things up!

Since it couldn't, it left it to the omnipotent capital market...

After many years of turmoil, finally birthed a company like SpaceX.

Then they were pleasantly surprised to discover, they were back in the game!

Single-kill, double-kill, triple-kill... SpaceX decimated the commercial aerospace market, leaving several spacefaring nations dumbfounded.

Who knew the high and mighty aerospace industry could operate with a stainless steel shell?

Witnessing SpaceX shedding the heavy political burden of the national industrial system, sprinting wild towards the stars and seas.

Anyone with eyes can see, without change, they'll just have to watch others feast while they drink leftovers.

The enormous commercial interests are secondary. What's important are the highly utilized satellite orbit resources and immense future military potential, which Elder Hu sees and worries about.

As the head of the Intelligence Bureau, he naturally understands the enormous role constellation communication plays in future intelligence and unmanned warfare.

This is also why he was ecstatic when he heard that Baiyeji had developed the key software technology for rocket recovery.

In short, without innovative technology and core advantages, pouring billions into this market means you're merely a supporting player.

Investment comes with high barriers, long cycles, and slow returns.

The issue is, it doesn't even make money!

What kind of sane investor would invest in such a field? Isn't real estate enticing?

Anyone truly investing must carry some sentiment...

Does Xu Jingsong have sentiment?

He surely has many lovers, but sentiment is something he's insulated from.

To say he would spend some money just to make noise for blocking Gao Yuan—he might accept. But where does his money come from? Gao Sheng!

Using overseas capital to invest in such fields, are you not trying to probe our country's military secrets?

Although Xu Jingsong believes he has some connections in Su Province, to participate in this level of strategic competition, the Xu family really isn't qualified.

So the question is, when the Xu family isn't qualified, how did Baiyeji manage it without a sound?

This hidden reason behind the news is what shocked Xu Jingsong the most!

The backer behind Gao Yuan... is truly terrifying?

"Ring~"

At this moment, the phone in Xu Jingsong's pocket suddenly rang. The caller ID showed it was Chairman Lu from Sujiang Bank.

[Hello! Mr. Xu, the matter we discussed last time, I think we haven't considered thoroughly enough...

No problem with the matter, absolutely no problem!

But recently, the head office's compliance checks are very strict, I'm afraid I can't help, sincerely sorry...

Also, Mr. Xu, I have sent back the specialty you brought me last time, really couldn't accept without merit...]

Hanging up the phone with a grim look, Xu Jingsong knew that what he worried about finally happened.

Previously, Xu Jingsong planned to use a bank loan to hinder Changqing Biological, almost causing Gao Yuan's funding chain to break.

At that time, Chairman Lu pounded his chest at the dinner table, drank nearly half a liter, swore allegiance, even proactively offering strategies to make articles on Changqing Biological's bank loans.

But how long has it been, finding various excuses, his words all imply he doesn't want to wade into troubled waters.

The issues Xu Jingsong can see, would sharp businessmen not notice?

During the Xu-Gao rivalry, most local elites in Su City were still siding with the Xu family.

After all, the Xu Group's power and resources were far beyond a newcomer like Gao Yuan.

No one wanted to risk offending Xu Group, betting on Gao Yuan.

Even though the opponent made waves with Baiyeji and connected with Hu Yonghua's network, time was short, ultimately not enough to contend against Xu Group.

But with today's news coming out, those siding with Xu might have to reevaluate.

The previously unbeatable odds of Xu are now one-to-one.

There seems to have been some subtle change in the balance of power...

The amount of information behind this news is the greatest influence on the Xu Group!

Today Chairman Lu acted to preserve himself; perhaps tomorrow Xu Group's partners might also hatch their calculations...

"No way! I can't sit by waiting!" Xu Jingsong gritted his teeth.

...

Quickly, news spread around Su Province that Xu Group invested heavily to acquire a car manufacturing company, officially establishing Xu's Automobile, entering the new energy market, causing quite a stir.

However, before Xu Jingsong could boast and bolster his side's influence...

A video began going viral on the internet.

It was a car.

Passing iron biscuits, single bridges, extreme width traversals, pedestrian collision warnings, and emergency braking within a hundred kilometers...

On complex testing tracks and simulated bustling city streets, it maneuvered like an experienced driver, navigating through the flowers without touching a leaf...

It sped like the wind.

However... there was no one in the driver's seat...

...

The technology rankings had been dominated by Baiyeji's consecutive heavyweight news, while current affairs hot spot Meng Lang didn't let it slide...

[Mountain City vicious dog bites young girl, horrifying!]

[Dog owner says "Not mine," refuses to admit compensation responsibility!]

[When will vicious dog attacks end? Strongly hope relevant departments introduce 'dog limits' policies!]

At some point, a video of a Mountain City vicious dog biting a baby girl began circulating, with its heat skyrocketing in just a few days.

Heart-wrenching scenes, the unscrupulous face of the dog owner, acted like traffic passwords, attracting numerous attentions and comments.

Simultaneously, a large number of various videos about vicious dog attacks were quietly being widely forwarded, sparking a nationwide discussion.

"Dog limits" became a hot search term!

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