China News Service, Beijing, March 5 (Guo Chaokai) A reporter learned from the Chinese private satellite company Qiancheng Exploration on the 5th that the company recently completed a series A financing of more than 100 million yuan. This round of financing was led by the Fuzhou High-tech Emerging Industry Development Fund. In the future, it will focus on satellite development and geospatial information services, and give full play to the service advantages of the "remote communication integration" commercial low-orbit constellation system.
Through nearly four years of development, Qiancheng Exploration has basically completed the closed-loop technology product and business model closed-loop, and is entering the channel of rapid and large-scale development. The three business lines of spatial information service, product delivery and constellation intelligent operation urgently need to be further expanded. Be stronger.
This round of financing funds will be mainly used for the rapid networking of the "Qiancheng No. 1" constellation and the research and development of related products and market development. At the same time, it will effectively support the construction and expansion of the Qiancheng satellite's lean and intelligent manufacturing plant and the Qiancheng measurement and control network. jobs.
Qiancheng Exploration CEO Miao Jianquan stated that the local government of Fuzhou has provided Qiancheng Exploration with highly customized industrial support policies and financial support. During the 14th Five-Year Plan period, the company’s development route is "developing deep technology, focusing on products, and broadening the market". A good start will be made.
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