Chapter 471: Dominate the commercial satellite launch market

Ye Su made a condition to all customers, that is, they must be able to guarantee the successful launch of their satellites.
If it is just a guarantee, then they will not be so active. The failure of rocket launches often happens. This is not a guarantee for those companies.
But Ye Su is not just a guarantee, he also made a specific promise in the contract.
In the launch contract announced by Ye Su, it is clearly stipulated that if the launch fails, Genesis Group will refund all launch costs and will not charge the customer a penny.
If the launch fails, Genesis Group will not only need the customer’s money, but will also compensate the customer for the loss of the satellite.
The conditions set by the Genesis Group are too exciting for those companies.
Ye Su is equivalent to giving them a guarantee that they no longer have to worry about the risk of launching satellites. Even if the launch fails, they will be compensated for their losses, so they don't need to waste a penny from these companies.
You must know that the risk of launching satellites is very high.
Once the rocket launch fails, they will not get any compensation, and even the loss of the satellite will be their own responsibility.
They also have to pay for the rocket launch costs, and no one else will do it if they lose a penny.
But here in Ye Su, it is completely different. Not only do you not charge money for a failed launch, but you will also be compensated for the cost of building the satellite.
Those companies preparing to launch satellites cannot refuse such conditions.
Even some companies that were not planning to launch satellites are now interested in launching satellites.
One by one began to contact Genesis Group to inquire about satellite launch services.
Many companies used to not want their own satellites, but were unable to take such big risks.
Although they can afford to launch a satellite, if the launch fails, their company will fall into bankruptcy.
Those companies that could not bear the risk of failure are now all ready to launch their own satellites.
Anyway, Ye Sulai took their risk, and even if the launch failed, they would have nothing to lose.
Soon Genesis Group received a large number of orders, all of which were orders for Genesis Group to help them launch commercial satellites.
You Xueqin was stunned by the number of orders. She was in Ye Su's office, reporting to him about this business.
"The commercial satellite launch business we just started is very popular now. Many companies come to us to ask about launching satellites."
"It's not just the companies that asked about it. Now the orders that have been confirmed with us have reached a dozen, which is simply incredible."
She never imagined that her company's latest business would be so popular.
After hearing You Xueqin's report, Ye Su said calmly: "This is just the beginning. There will be so many orders every year in the future. This is a long-term business."
Ye Su had expected this situation a long time ago, so he seemed so calm.
Although Ye Su is calm now, You Xueqin can't calm down at all, because she knows what these orders mean.
These orders represent huge profits. Genesis Group can collect 40 million M yuan for every satellite launched by others.
After removing the cost of 10 million M yuan, there is still a profit of 30 million M yuan.
In other words, every time a satellite is launched, the Genesis Group can earn 30 million M yuan.
More than a dozen orders for launching satellites have been received, and there are still many orders under negotiation.
Calculating this way, Genesis Group can make hundreds of millions of M yuan in profits from this project every year.
However, this is almost reaching the upper limit of the market, and Genesis Group has pulled all satellite launching services over.
The number of commercial satellites launched each year is almost this number.
That is to say, Genesis, as soon as it entered this market, occupied most of the market share, bringing the business of other companies to a standstill.
Ye Su immediately dominated the commercial satellite launch market, leaving other companies out of business immediately.
Especially the previous space exploration technology company, which also researched and recovered the rocket before, seemed very beautiful for a while.
But they fell into bankruptcy in an instant, because all their business was taken away by the Genesis Group.
It can be said that the companies that want to launch satellites now all go to the Genesis Group, and no one comes to look for them at all.
It only took a short time for Genesis Group to completely occupy this market.
At present, all satellite launch orders in the world are under their control.
Those companies that want to launch satellites all choose to cooperate with Genesis Group, and they don't even look at other launch companies.
Those other commercial satellite launch companies simply cannot compete with Genesis Group.
Compared to the price, they are more than 10 million M yuan more expensive than Genesis Group, and they still can't reduce the price.
If they learn from Ye Su's price reduction, then they are completely at a loss.
In terms of cost, Ye Su's advantage is so great that others can't compare with him.
If it is the same 40 million yuan to launch a satellite, Ye Su can make a profit of 30 million yuan, while other companies at the same price will lose money.
Moreover, Ye Su also guarantees the launch success rate, which makes other companies compete with Ye Su.
Those commercial rocket launch companies don’t have Ye Su’s technology, and they don’t have the ability to develop new types of rockets.
So they have no choice but to start the transformation and strive to develop in other fields.
The Genesis Group directly made the transformation forced by others, which is simply too domineering.
This situation has appeared many times before, and the previous mobile phones and the automotive field have all experienced such things.
In the future, there may be many industries that will become the domain of the Genesis Group as a result of the entry of the Genesis Group.