Financing | Continuing to lead the field of commercial satellite in-orbit transportation management, Emposat completed nearly 200 million yuan in Pre-B round financing
Release time:
2023-06-09
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36 Krypton
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Recently, the global spacecraft on-orbit operation management integrated service provider "Space Control Star" completed the Pre-B round of financing of nearly 0.2 billion yuan , this round of financing by Zhongguancun Science City led investment, Houji Capital, Jinsha River Hongyu Capital, Taicang Port Hongrun Capital, Taiyue Wutong Capital, Jundu Investment and other follow-up investment. The funds will be mainly used for the research and development of key technologies for spacecraft in-orbit management, the research and development of key equipment for space ground systems, and the continuous construction of global space ground infrastructure.
Space Control Star is a commercial space company that 36 Krypton continues to pay attention to. Since its establishment in 2016, Space Control Star has focused on commercial satellite in-orbit management and has continuously completed its global in-orbit service network. At present, it has been able to provide global services covering the entire life cycle of spacecraft, including satellite and rocket TT&C, remote sensing satellite calibration, spacecraft collision warning, etc.
With the rapid development of commercial aerospace, the market space has expanded significantly, and the "head goose effect" has begun to appear in various fields ". In the field of satellite in-orbit management, which is not often known to the outside world, there is also a lot of demand: commercial rocket companies launch rockets, carry satellite companies into scheduled orbits, and then each satellite will usher in a long in-orbit service cycle. In this multi-link process, it is necessary for launch bases, on-orbit service agencies, and satellite operators to monitor satellites in real time to ensure that satellites far away in the sky operate reliably and foolproof.
From serving the first star for the first time in 2016 to serving more than 200 star arrows in December 2022, Space Control Star has achieved many "firsts" during this period: building China's first third-party commercial satellite TT&C station and obtaining the first domestic commercial satellite TT&C station radio license; China's first third-party commercial satellite intelligent operation center; China's first third-party commercial satellite TT&C network covering the whole country; the world's first integrated calibration field for remote sensing satellites and non-imaging altimetry satellites, etc., and maintains an almost annual financing rhythm.
According to Zhao Lei, CEO of Aerospace Yu Star, "Yu Star's current business model closed loop is basically completed and is in a stage of rapid development. So from the perspective of investors, we pay more attention to our clear performance growth and business growth route in this industry, which is more certain."
At present, Space Star has successfully served 220 stars and arrows for a fee. The main customers include not only traditional state-owned aerospace units, such as the Fifth Academy of Aerospace, the Eighth Academy of Aerospace, China's 4D, Chinese Academy of Sciences, etc., but also head commercial aerospace customers, such as Changguang Satellite, Yinhe Aerospace, Time and Space Daoyu, Aerospace Vision, Xinghe Power, Tianbing Technology, etc., as well as customers of universities and research institutions, such as Tsinghua University, Sun Yat-sen University, Xiamen University, Beihang University, Beili, etc. Among the cases of in-orbit management services provided by Aisino, there is no lack of complex tasks such as one-arrow multi-star early orbit segment service, remote sensing satellite formation flight, orbit control, collision warning avoidance and so on.
Aerospace Yuxing will continue to improve the layout of the global space ground infrastructure. By further improving the construction of the global ground station network, it will help alleviate the contradiction between the lack of space ground infrastructure and the service requirements of on-orbit spacecraft, and then solve the problem of spacecraft on-orbit integrated operation and management. The problems of high cost, difficulty, insufficient satellite use efficiency and safety.
In addition, Aerospace Control Star will continue to increase research and development investment in key technologies of spacecraft in-orbit operation management and key equipment of ground systems, such as constellation intelligent operation management, space situation awareness and collision warning, satellite-ground integrated communication equipment, satellite data communication security, and intelligent identity authentication of satellite TT&C systems, which will all serve as the main capital investment ports and breakthrough points of Aerospace Control Star. At present, the space control star has been authorized more than 70 invention patents.
With the continuous maturity of the entire commercial aerospace industry chain, the business volume of Aerospace Star has also ushered in explosive growth. In 2022, the number of TT&C data transmission services of Aerospace Yu Star reached nearly 60000 orbit times, a significant increase from the 20000 multi-orbit times in 2021. Such high-frequency, high-volume TT&C data transmission service tasks put forward high requirements for the automatic operation capability of the ground station network. Zhao Lei told 36 Krypton that the ground station network of Space Control Star has been automated.
Maintaining a high-speed pace of development, the current space star has completed six financing, IPO capitalization expectations are increasingly clear.
Talking about financing plans and future plans, Zhao Lei said: "We expect to complete the next round of financing in the second half of this year. At present, some certain investors are in contact, and the next goal is to land on the Science and Technology Innovation Board. As the commercial aerospace industry chain matures step by step, we hope to continue to focus on technology research and development, effectively reduce costs, improve safety and reliability, make more contributions to the development of the industry, and practice the corporate mission of'making satellites better and making satellites easier to use."
Source 36 Krypton
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