Geespace, a subsidiary of the Chinese automotive giant behind Lotus and Volvo, says its first IoT satellites are entering final testing.

Many are looking to space to help power next-generation IoT services like self-driving vehicles. On the 50th anniversary of China’s first satellite launch, Geespace announced that its initial two satellites are entering final validation testing before they head to Jiuquan Satellite Launch Center for launch into low-orbit.

“With our...