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Cloud Constellation raises money to start space cloud data project

Dec 21, 2018
Cloud Constellation have a project which makes emphasis on building a Space Belt, a massive network of satellites to store data in orbit. HCH Group, a company owned by the Haier Group, provided $100 million in the fundraising. According to information supplied by Cloud Constellation, many satellite providers and manufacturers are interested in cooperating with their project. According to the company's CEO, the project will focus on the protection of data and eliminating the risk of information theft. Security is the top priority, and the company sees this initiative as a solution.
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