China's SpaceSail, a government-backed satellite internet project, has launched hundreds of satellites and is negotiating with countries to compete against Elon Musk's Starlink.

The Shanghai operator is drawing interest from state-backed investors as it races to build its Qianfan megaconstellation and challenge Starlink

The company has just a few hundred satellites in low Earth orbit but has state backing and is already reportedly negotiating with dozens of countries