Super Island Tycoon-Chapter 574 - 573: Heartbeat

Jiang Cheng offered all customers a condition, which was that they could be assured their satellites would be launched successfully.

Simply providing a guarantee wasn't enough to motivate them, as rocket launch failures happen quite frequently, causing these companies to have little faith in the assurance.

However, Jiang Cheng didn't just make a promise; he also provided specific commitments in the contracts.

In the launch contracts announced by Jiang Cheng, it was explicitly stated that if the launch failed, the Cosmic Umbrella Group would refund all launch fees, not charging the customers a dime.

If the launch failed, not only would the Cosmic Umbrella Group not take the customer's money, but they would also compensate for the satellite's loss.

This condition offered by the Cosmic Umbrella Group was incredibly enticing to these companies.

Jiang Cheng essentially gave them a guarantee, relieving them of worries about the risks of satellite launches, since even if the launch failed, their losses would be compensated, without costing the companies any money.

The risk in launching satellites is quite significant; mishandling might leave them empty-handed.

If a rocket launch fails, they wouldn't receive any compensation, even the satellite losses would be their own responsibility.

They would have to pay the rocket launch fees, and no one would budge on a penny less.

But with Jiang Cheng, it was entirely different; if the launch failed, not only wouldn't he charge, but he would also compensate for the satellite manufacturing costs.

Companies preparing to launch satellites couldn't refuse such conditions.

Even some companies that initially weren't planning to launch satellites are now interested.

Everyone started contacting the Cosmic Umbrella Group, inquiring about satellite launch services.

Many companies weren't against having their own satellites before but couldn't bear such high risks.

Although they could afford to launch a satellite, if the launch failed, their companies would face bankruptcy.

Companies that previously couldn't bear the risks are now all preparing to launch their own satellites.

Since Jiang Cheng can bear the risk for them, they have nothing to lose if the launch fails.

Soon, the Cosmic Umbrella Group received numerous orders, all requiring the Cosmic Umbrella Group to help launch their commercial satellites.

The number of orders amazed Zhang Manlin; she was in Jiang Cheng's office, reporting on this business matter.

Our newly launched commercial satellite business is now immensely popular; many companies have come to inquire about launching satellites with us.

The companies inquiring aren't even the main matter; we've confirmed more than a dozen orders already, which is just astounding.

She hadn't imagined that their company's latest business would be so well-received.

Upon hearing Zhang Manlin's report, Jiang Cheng calmly said this was just the beginning; there would be that many orders every year, as this is a long-term business.

Jiang Cheng had anticipated the current situation, so he seemed very composed.

Although Jiang Cheng remained calm, Zhang Manlin couldn't stay composed.

Because she understood what these orders represented.

These orders represent massive profits; for every satellite the Cosmic Umbrella Group helps launch, they can charge USD 40 million.

After deducting USD 10 million in costs, they still have USD 30 million in profit left.

This means for every satellite launched, the Cosmic Umbrella Group earns USD 30 million.

They've already received more than a dozen satellite launch orders, and many more orders are still in negotiation.

Calculating this way, the Cosmic Umbrella Group can earn a few billion dollars in profit every year from this project.

However, this is nearing the market's limit; the Cosmic Umbrella Group has pulled in all the satellite launch business.

The annual number of commercial satellites launched is about this many.

This means that Cosmic Umbrella Company entered this market and captured most of the market share, causing other companies' businesses to stall, as Jiang Cheng quickly dominated the commercial satellite launch market, leaving other companies without any business.

The previous space exploration technology company, which had developed recyclable rockets, seemed to be flourishing for a while.

Yet they suddenly faced bankruptcy since all business was taken by the Cosmic Umbrella Group.

It can be said that companies looking to launch satellites now are all turning to the Cosmic Umbrella Group, and nobody is reaching out to them anymore.

The Cosmic Umbrella Group quickly occupied this market.

Currently, all global satellite launch orders are under their control.

Companies wanting to launch satellites all choose to cooperate with the Cosmic Umbrella Group, ignoring other launch companies.

Other commercial satellite launch companies have no way to compete with the Cosmic Umbrella Group.

In terms of price, they are USD 10 million more expensive than the Cosmic Umbrella Group, and they cannot lower this price.

If they learn from Jiang Cheng and lower the price, they would be operating at a loss.

Jiang Cheng's advantage in costs is too great for others to compete.

If both offer USD 40 million to launch a satellite, Jiang Cheng earns USD 30 million in profit, whereas the same price would cost other companies.

Moreover, Jiang Cheng also guarantees launch success rates, leaving other companies without any means to compete.

Commercial rocket launch companies neither possess Jiang Cheng's technology nor have the capability to develop new rockets.

Thus, they are forced to start transitioning and strive for development in other areas.

Cosmic Umbrella Group has directly pressured others to transition; which is incredibly aggressive.

This kind of scenario has appeared many times before in the mobile phone and automobile industries, all having gone through similar experiences.

In the future, perhaps many other sectors will become dominated by the Cosmic Umbrella Group due to its entrance.

Companies prepared to launch satellites quickly delivered their satellites after signing contracts with the Cosmic Umbrella Group.

The Cosmic Umbrella Group's efficiency is also very high, soon arranging satellite launch work.

Not long after, they prepared to launch a Kunpeng-type Rocket, which loaded their first commercial satellite to be launched.

This satellite belongs to an international telecommunications company, representing the first order taken by the Cosmic Umbrella Group.

This telecommunications company values this situation greatly, as they frequently need to launch their own satellites due to business needs. 𝕗𝕣𝐞𝐞𝘄𝐞𝚋𝚗𝗼𝘃𝗲𝗹.𝚌𝕠𝚖

If the launch succeeds this time, they plan to cooperate with the Cosmic Umbrella Group long-term, continuously having them launch satellites.