Behind rockets and satellites, the low-key but critical field of aerospace components is welcoming more “small but sophisticated” companies, using cutting-edge technology and innovative thinking to stitch together the space landscape.
Today let’s talk about:
Chinese commercial aerospace startup – parts company.
1
Aismin
Date of establishment:
2024
Address: Changsha, Hunan
Financing status:
Looking for angel round financing
Founder:
leiting
, graduated from Harbin Institute of Technology with a bachelor’s degree, and served as the head of Zoomlion’s overseas regions.
The core technology founding team comes from Changguang Institute of Technology and Harbin Institute of Technology.
Aismin
Focusing on the R&D and manufacturing of core aerospace components, its products include laser rapid reflectors, star sensors, etc. The company has signed a batch supply agreement of hundreds of sets with the leading domestic commercial satellite companies, and will achieve orbit verification and batch delivery of products in the first half of this year.
2
Xiangkong Technology
Date of establishment:
2024
Address: Shanghai Free Trade Zone
Financing status: Angel round financing in progress
Founder:
Liu Jinlong
Xiangkong Technology
Mainly focus on new generation
Low Earth Orbit Satellite Internet Digital Phased Array Terminal
, as well as the R&D and manufacturing of communication scientific research equipment such as 5G/6G NTN and satellite Internet integrated communication prototype verification system, DVB-S2 system broadband satellite communication system, satellite-ground ultra-wideband channel simulator, etc.
3
Xinghui Aerospace
Date of establishment:
2024
Address: Liangxi, Jiangsu
Financing status: Completed
55 million yuan in first round financing
Founder:
Geng Yuxiu
Xinghui Aerospace
Focusing on aerospace passive flexible thermal control materials, it has achieved 100% localization. The products cover 3 categories: flexible films, adhesives and tapes, and thermal insulation and heat-proof materials, with a total of 12 subcategories and more than 200 kinds, covering materials and components, and provide professional coating services and one-stop passive thermal control overall solutions.
4
Hangyao Technology
Date of establishment:
2024
Address: Yangzhou, Jiangsu
Hangyao Technology
Jointly invested and founded by the team of Academician Wang Jianyu of the Chinese Academy of Sciences and the Remote Sensing Payload Engineering Team of the Fifth Academy of Aeronautics and Astronautics, it specializes in the development of commercial aerospace remote sensing cameras and provides technical solution support and remote sensing application services. It has the design, assembly and batch production capabilities of 0.5m resolution lightweight cameras.
5
Looking up to aerospace
Date of establishment:
2023
Address: Taicang, Jiangsu
Financing status: Completed in July 2024
Tens of millions of yuan in angel round financing
Founder:
Jia Cunfeng
Looking up to aerospace
Deeply engaged in metal additive process simulation and manufacturing, the products cover commercial aerospace core components such as rocket engine thrust chambers, nozzles, satellite electric thrust storage and control modules, gas bottles, etc., providing one-stop solutions for downstream customers to help customers save costs and improve product performance to the greatest extent.
6
aerospace power
Date of establishment:
2022
Address: Wenzhou, Zhejiang
Financing status: Completed in February 2023
Tens of millions of yuan in Pre-A round financing
Founder:
Chen Lei
, served as deputy chief technologist of the 502 Institute of the Fifth Aerospace Academy, and the person in charge of the space power project of the Second Aerospace Academy. He has participated in the development and production of the propulsion systems of the Beidou satellite navigation system, the lunar exploration project, and the Dongfanghong-3 and Dongfanghong-4 satellites.
aerospace power
Focus on the research and development of commercial aerospace power systems, covering products such as satellite electric propulsion and small liquid rocket engines. On September 24, 2024, the company’s first 300W Hall electric propulsion system successfully made its first flight on the helium star Liangxi Gemini 2 and completed on-orbit performance verification.
7
Light Year Exploration
Date of establishment:
2022
Address: Taicang, Jiangsu
Financing status:
Pre-A round of financing in progress
Founder:
Wang Lipeng
, graduated from Beijing University of Aeronautics and Astronautics with a bachelor’s degree, a master’s degree and a Ph.D. in aircraft design and applied mechanics. He later worked in the First Department of the First Institute of Aerospace Engineering for more than 10 years, during which he served as a senior engineer and engineering team leader. He participated in major projects such as the Long March 5 and the rocket design and development work of many commercial rocket companies.
Light Year Exploration
Committed to providing lighter, stronger and more economical aircraft for the commercial aerospace market
Stainless steel bulging storage tank,
Wood skin fairing,
Corrugated plate barrel cone section
wait
Rocket structural products and related technical services. In December 2023, the company successfully delivered its first stainless steel storage box product, taking only 45 days from raw material procurement to finished product delivery.
8
Ruoyu New Materials
Date of establishment:
2022
Address: Minhang, Shanghai
Ruoyu New Materials
is a manufacturer
New anti-heat insulation materials
The company’s main products include launch pad heat-proof coatings, cabin heat-proof coatings, heat-proof skirts, heat-insulating tiles, heat-proof panels, heat-insulating foam, etc. The series of lightweight heat-proof materials developed by it cover various heat flow environments such as medium, medium and low, and have been successfully used in major national aerospace projects.
9
Eagle Sa Technology
Date of establishment:
2021
Address: Taicang, Jiangsu
Financing status: Completed in January 2024
Tens of millions of yuan in angel round financing
Eagle Sa Technology
It’s a small satellite
SAR payload
and
Microwave remote sensing
Serve
provider
, committed to providing high-performance, low-cost, intelligent series of SAR payloads, related software and microwave remote sensing application services to the commercial aerospace market. Its first SAR payload “Sparrowhawk-1” is scheduled to complete launch verification early this year.
10
Lunbao Aerospace
Date of establishment:
2021
Address: Haining, Zhejiang
Founder:
Wang Haiyong
, graduated from Beijing University of Aeronautics and Astronautics with a Ph.D.
Lunbao Aerospace
It focuses on the development of core components for autonomous navigation of spacecraft. Its core products include star sensors, dynamic real-time electronic star chart simulators, autonomous navigation subsystems, and provides attitude and orbit control system solutions and customized services. The prototype of its leather-type star sensor and MEMS inertial group autonomous navigation subsystem under development is expected to be launched in February 2025.
11
Divine Arrow Sky
Date of establishment:
2021
Address: Beijing Economic Development Zone
Financing status: Completed in July 2024
Angel round financing
Divine Arrow Sky
Focus on aerospace
Thermal protection materials for power components
R&D and manufacturing process services cover core components such as engine thrust chamber, nozzle, extension section and heat exchanger. Its thrust chamber body, nozzle and other products have successfully completed 8 supporting flight missions.
12
Xingcheng Huiyu
Date of establishment:
2020
Address: Haidian, Beijing
Xingcheng Huiyu
It is a company that can customize the research and development of ions, Hall, radio frequency, etc.
Multiple types of ion sources
The company’s products are widely used in electric thrusters for satellite orbit control, ion implanters for chip production, and vacuum coating machines for new material processing. Its independently developed ion thruster has successfully completed two in-orbit verifications.
Please vote below for what you think
The most potential for development
of startup companies.
we will base on
your vote
, and combined the five industry categories of rocket companies, satellite companies, component companies, satellite application companies, and space service companies, to select the top 10 commercial aerospace startups in China.
