COMMSAT

Space technology for all

General Information
Company Name
COMMSAT
Founded Year
2015
Location (Offices)
Beijing, China +1
Founders / Decision Makers
Number of Employees
12
Industries
IoT, Space, Telecom
Funding Stage
Series Unknown
Social Media

COMMSAT - Company Profile

COMMSAT is a leading private satellite technology company in China, offering low Earth orbit (LEO) commercial satellite products and services. Founded in 2015, the company specializes in Satellite-as-a-Service, including LEO satellite manufacturing, in-orbit delivery, constellation design, satellite terminal applications, and space science education systems. As a pioneer in the private sector, COMMSAT operates eight LEO satellites and is developing new models to meet client demands for enhanced telecommunication speed, navigation precision, and remote sensing quality from space. The company is currently constructing the first-ever private satellite manufacturing facility in China, with an annual capacity of 100 LEO satellites. Its business locations span across China, including Beijing, Shanghai, Tangshan, Chengdu, Yibin, and Guangzhou.

The latest investment, a Venture Round investment, was secured on 03 February 2021. The China Internet Investment Fund is the latest investor, highlighting the company's strong local investor support. With its commitment to advancing space technology and infrastructure, COMMSAT is poised to have a significant impact on the satellite industry, serving enterprises and governments with innovative satellite solutions.

Taxonomy: Satellite technology, LEO satellites, Space technology, Satellite manufacturing, Satellite services, Telecommunication, Navigation technology, Remote sensing, Satellite internet infrastructure, Private sector, Space science education, China, Satellite terminal applications, Industry solutions, Space technology development

Funding Rounds & Investors of COMMSAT (7)

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Funding Stage Amount No. Investors Investors Date
Venture Round Unknown 1 03 Feb 2021
Series B CNY270.00M 2 Beijing Wealth Capital, AVIC Capital 14 May 2020
Series A CNY100.00M 3 Junzi Capital Engineering, China COSCO SHIPPING 30 Nov 2018
Series A $16.00M 4 Qixi Capital, Junzi Capital Engineering 07 Feb 2018
Seed Round Unknown 3 Shangyuan Capital, Sanxia Jinshi Investment Fund +1 02 Mar 2017

View All 7 Funding Rounds

Latest News of COMMSAT

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No recent news or press coverage available for COMMSAT.

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