Chinese commercial aerospace startups are driving industry development with innovative technologies and diversified services. From satellite on-orbit services, space security, to manned spacecraft research and development, these companies are gradually filling the market gaps and pushing China’s aerospace industry to a higher level.
Today let’s talk about:
Chinese commercial aerospace startup company – space services and supporting company.
1
Zhuo Hangxingshun
Date of establishment:
2024
Address: Fengtai, Beijing
Financing status:
Currently raising angel round financing
Founder:
Jia Yuhao was responsible for the design and development of the offshore recovery platform for the Interstellar Glory Hyperbolic III launch vehicle, and participated in the first-stage vertical takeoff and landing flight test of the Hyperbolic II verification rocket twice.
Zhuohangxingshun is committed to research and development
Launch vehicle maritime recovery equipment
, and provide systematic rocket recovery solutions. The company focuses on launch vehicle first and second stage recovery services, solution consulting services, and also provides technology transfer services.
It is planned to complete the reconstruction of the first offshore recovery platform in 2025.
2
time traveler
Date of establishment:
2023
Address: Haidian, Beijing
Financing status:
Currently raising angel+ round of financing
Founder:
Lei Shiqing graduated from Renmin University of China with a master’s degree and studied human factors engineering in manned spaceflight.
Traverser is China’s first private manned space company. It integrates the development of reusable manned spacecraft and space tourism operations. It is committed to building China’s “Dragon” spacecraft and realizing low-cost delivery for the country and business. At present, the CYZ1 suborbital manned spacecraft has officially entered the engineering development stage. It plans to realize space tourism in China and even Asia in 2028, opening a new era of low-cost and regular space travel for ordinary people and commercial payloads.
3
NationStar flying test
Date of establishment:
2023
Address: Wenchang, Hainan
Nationstar Flying Test was established by Cisco Systems in Wenchang Aerospace City, Hainan.
Third-party testing service provider
, aiming to provide comprehensive testing services for rocket industrial parks, satellite super factories and related supporting projects. It is expected that by the end of this year, the company will initially have comprehensive testing capabilities.
4
Star and Earth Exploration
Date of establishment:
2023
Address: Haidian, Beijing
Financing status:
November 2024
Finish
Angel
rounds of financing
Starland Exploration is a company focusing on
satellite security,
space security business
The company has established the first dedicated space security vulnerability library in China – the “Space Security Vulnerability Library”, which systematically collects and analyzes potential security threats faced by various spacecraft and space systems, and provides important support for network protection, data encryption, situational awareness, etc. of space missions.
5
Sanyuan Aerospace
Date of establishment:
2022
Address: Taicang, Jiangsu
Financing status:
September 2024
Finish
tens of millions of yuan
Pre-A+ round of financing
Founder:
Zhao Lei
, graduated from the School of Mechanical Engineering of Tianjin University. He has been engaged in satellite development-related technology and management work at the Fifth Academy of Aerospace Science and Technology for more than 10 years. In 2016, he founded Aerospace Yuxing.
Sanyuan Aerospace, a subsidiary of Aerospace Yuxing, focuses on space operation technology research and development, payload product development and on-orbit service business operations. It is mainly used in scenarios such as space debris cleanup, spacecraft on-orbit life extension and refueling, and spacecraft on-orbit maintenance and manufacturing. On November 23, 2024, the design review of the first test star “Xiyuan 0” was completed.
6
orbital future
Date of establishment:
2021
Address: Daxing, Beijing
Financing status:
December 2021
Finish
angel wheel
Financing
Founder:
Bian Jiuzhou
, graduated from Harbin Institute of Technology and then worked at the National Space Science Center of the Chinese Academy of Sciences.
Orbital Future is the first satellite in-orbit service operating company in China. It is committed to developing a series of on-orbit service products with life extension satellites as the core, covering satellite life extension, deorbiting, maintenance and repair services. It aims to become the “endurance station” and “4S store” of satellites and redefine orbital rules.
7
Hai Rui Aerospace
Date of establishment:
2020
Address: Wuxi, Jiangsu
Financing status:
Complete angel round financing in August 2022
Founder:
Zhang Minjian
Hairui Aerospace is a company that provides services to the entire commercial aerospace industry.
Basic reliability consulting
and
Full-process quality solution services
is a third-party organization that provides comprehensive services covering six major areas including engineering consulting, verification simulation, detection analysis, procurement services, warehousing and logistics, and solutions. It has provided customized solutions for a number of satellite companies, on-board single-machine development units, and component manufacturers.
8
Star testing the future
Date of establishment:
2020
Address: Haidian, Beijing
Financing status:
Founder of PreA++ round of financing of tens of millions of yuan completed in December 2024:
Cang Jirong
, Ph.D. and postdoctoral fellow in astronomy from the Department of Engineering Physics, Tsinghua University.
Star Test Future is a company
Space computing infrastructure service provider
, the core products include three series: Xingchai, Xingxi and Haiyue.
The company has developed and successfully deployed a number of high-performance on-board intelligent processing platforms. Currently, 21 payloads have been successfully operated in orbit and have the capability of batch delivery.
9
infinite space
Date of establishment:
2019
Address: Haidian, Beijing
Financing status:
Complete multi-million yuan angel round financing in May 2024
Founder:
Li Jian
, Master of Engineering from the First Academy of Aerospace Science and Technology, has participated in the development of multiple types of on-orbit aircraft, commercial upper stages, liquid oxygen methane engines and rockets.
infinite space
Focus on
Space on-orbit services
, the self-developed “space bus” can achieve efficient and accurate multi-satellite deployment, and expand on-orbit life extension, space transportation and load hosting services. In addition, it also provides customized development of high-performance attitude control power systems and related components for rockets, satellites, spacecraft and other aircraft.
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The most potential for development
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, 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.
