Zhuhai Orbita is among seven new Chinese entities added to the US Commerce Department’s Entity List. Photo: EPA-EFE
Zhuhai Orbita is among seven new Chinese entities added to the US Commerce Department’s Entity List. Photo: EPA-EFE

Tech war: Chinese satellite data company plays down impact of US sanctions

  • Zhuhai Orbita Aerospace Science & Technology said it complies with laws and regulations and that all of its business operations are normal
  • The firm’s revenue in 2021 dropped 20 per cent from a year earlier to 700 million yuan (US$102 million), with profits plunging 60 per cent to 42 million yuan

Zhuhai Orbita is among seven new Chinese entities added to the US Commerce Department’s Entity List. Photo: EPA-EFE
Zhuhai Orbita is among seven new Chinese entities added to the US Commerce Department’s Entity List. Photo: EPA-EFE
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