Beidou Navigation Satellite System Stock. Bds stated to be rivalling gps is the fourth global satellite navigation system in the world. China s satellite navigation sector may top 400 billion yuan 57 billion in value this year state media said. The third iteration of the beidou navigation satellite system promises to provide global coverage for timing and navigation offering an alternative to russia s glonass and the european galileo.
Běidǒu wèixīng dǎoháng xìtǒng pe ito u we iɕi ŋ ta uxa ŋ ɕi tʰʊ ŋ is a chinese satellite navigation system. Beidou navigation satellite system market forecast to 2026 with global key companies profile supply demand cost structure feb.
The third iteration of the beidou navigation satellite system promises to provide global coverage for timing and navigation offering an alternative to russia s glonass and the european galileo.
The name of bds comes from seven brightest stars of the ursa major constellation which were named beidou by ancient chinese astronomers. It consists of two separate satellite constellations the first beidou system officially called the beidou satellite navigation experimental system and also known as beidou. The system has gone through three development phases starting from 2000. China s satellite navigation sector may top 400 billion yuan 57 billion in value this year state media said.
