Commercial aerospace company Xingyi Lianxin completes hundreds of millions of yuan in financing

Xingyi Lianxin, a domestic commercial aerospace company, focuses on satellite communication payload system products and solutions. It has recently completed Pre-A+ and A rounds of financing, with a cumulative amount of hundreds of millions of yuan. The funds raised will be used for core businesses such as satellite communication payload research and development and manufacturing, and low-orbit satellite networking, to accelerate the construction of an integrated space-ground business system. Xingyi Lianxin was established in December 2021 and is committed to the field of satellite Internet, providing products or services such as communication satellite payload system design, core digital processing payload-related product research and development, and solutions.