At present, Aerospace Yuxing has performed the measurement and control tasks of 33 satellites including cube satellites and 100 kilogram-class remote sensing and communication service satellites.
It is learned that domestic commercial satellite measurement and control service providers “ Aerospace Yuxing ” has recently announced the completion of a Series A financing of nearly 100 million yuan. This round of financing was jointly led by Innovation Heima Investment and UFIDA Happiness Investment. Old shareholders Mingshi Capital and Liying Fengqi Investment continued to follow. The financing is mainly used for the construction of overseas satellite measurement and control stations and the research and development of constellation measurement and control technology.
In addition, Ningxia Yuxing, a wholly-owned subsidiary of Aerospace Yuxing, is a subsidiary of Chen Aerospace Science and Technology Co., Ltd. and has been awarded the Ningxia Zhongguancun Industrial Park Technology Investment Company. tens of millions Equity investment, funds are mainly used for satellite ground station array construction and remote sensing satellite calibration field construction.
Aerospace Yuxing was established in October 2016. At present, it has realized the main measurement and control software and hardware autonomy. It is a company that can provide services such as rocket measurement and control, satellite measurement and control, and satellite collision warning. Satellite on-orbit integrated management service provider.
As of now, aerospace satellites have built ground stations in Zhongwei, Ningxia, Jinghe, Xinjiang, Harbin, Heilongjiang, Jiamusi, Qitaihe, Fuzhou, Fujian, Sanya, Hainan, and Luliang, Shanxi. In March this year, Aerospace Yuxing established a nationwide satellite measurement and control network; in October, Aerospace Yuxing also officially launched the country’s first commercial satellite measurement and control command center and built its own data center in Zhongwei. In the future, Aerospace Yuxing will accelerate the layout of ground stations overseas and strive to achieve global coverage of commercial satellite measurement and control networks.
Satellite measurement and control system refers to a large-scale management system for tracking, measuring, and controlling satellites in orbit. It implements satellite on-orbit operation management through ground measurement and control stations, maritime survey ships, and relay satellites. Measurement and operation control is just needed by satellite operators. Only by tracking the position of the satellite through the measurement and operation control system, receiving satellite downlink signals, determining satellite working status, and injecting command data to the satellite, etc., can finally ensure that the satellite operation is good and can produce actual value .
According to the data of Future Aerospace Research Institute, China will launch about 3100 commercial satellites by 2025, and the market size of satellite measurement and control is expected to exceed 50 billion yuan. At the same time, the increased deployment of satellite constellation systems will also make the constellation cooperative working mode become a normal working state, and the measurement and control system will become more important.
“Our solution is also a rigid demand of satellite companies. Low prices are an important factor for satellite measurement and control companies to open the market.” Zhao Lei, founder of Aerospace Yuxing, told “In addition, the entire business Aerospace is in the early stages of development, and relatively low-cost satellite measurement and control services can help the industryReduce costs and develop better. “
In terms of reducing measurement and control costs and providing customers with low-cost services, Aerospace Yuxing has the advantage of independently developing key hardware devices such as measurement and control basebands, high-speed digital transmission basebands, and cloud-based distributed measurement and control software systems. These independent knowledge The proprietary technology and products helped it establish a low-cost satellite measurement and control system. At present, Aerospace Yuxing already has 6 patents, 17 copyrights, and more than 10 core technologies in the field of measurement and control are applying for invention patents. Its high-speed baseband can reach gigabits in transmission rate.
At the same time, the satellite measurement and control system is a systematic project. The participation of the measurement and control system is required from the start of the satellite project design to the satellite ’s operation to the end of the service. One of the important reasons for selecting a measurement and control company.
Aerospace ’s service customers include a number of commercial aerospace companies and traditional state-owned satellite development and application units. At present, Aerospace has implemented 33 satellites including cube satellites and 100 kilogram-class remote sensing and communication business satellites. The measurement and control tasks cover the four frequency bands U, V, S, and X, and there are also difficult, multi-band, and multi-target measurement and control tasks such as “one-seven-seven-star”.
In terms of business model, Aerospace Yuxing is building two platforms, one is to build a comprehensive satellite on-orbit service platform to provide rocket manufacturers, satellite manufacturers and operators with measurement and control hardware, software, and measurement and control services; At the same time, relying on satellite measurement and control services, a satellite data service platform is established to provide users with data transactions, data distribution, and satellite application support services.
“In the future, commercial satellite measurement and control will be combined with cloud computing, artificial intelligence, and big data to generate ‘chemical reactions’ and form a rich application ecology.” Zhao Lei told, “In the traditional measurement and control background, satellite data from Reception, storage, processing, distribution and application are a chain. After entering the satellite data service industry, commercial satellite measurement and control will not only be remote control, telemetry and tracking, but also spacecraft communication and support for satellite applications. Link Satellite operators and manufacturers, satellite data services will change from a chain into a value sphere, and its value changes will be exponential and geometric. In the future, the core competitiveness of satellite measurement and control will be in differentiated satellite services. “
As for the team, currently there are nearly 50 members in Aerospace Yuxing. The team’s technical research and development personnel ratio is about 70%. The core members are from the No. 5 Academy of Aerospace, Xi’an Satellite Measurement and Control Center, and Taiyuan Satellite Launch Center. Ministerial Science and Technology Award.
About this investment
Zheng Yulin, a partner of the Innovation Dark Horse Fund, said, “We are optimistic about the future development of commercial aerospace. The aerospace Yuxing cuts in through satellite measurement and control. It can not only undertake market opportunities for commercial satellite development, but also be able to land satellite data applications. “
Kou Shuangxiang, president of UFIDA Happiness Investment, also believes that “the aerospace star-starting advantage is obvious, the team is complete, the vision is clear, and there will be a wider stage in enabling satellites to promote applications.”
Shi Yonggui, general manager of Ningxia Zhongguancun Industrial Park Technology Investment Company, said that the business carried out by Aerospace Yuxing has high technical barriers and it is difficult to replicate the business model. The domestic commercial aerospace industry is experiencing an explosive trend, and the company’s future development prospects are limitless. We will, as always, support the landing of aerospace related business in Ningxia and help the company’s rapid development.