COMMSAT logo — Space technology for all

COMMSAT

Space technology for all

Founded 2015 China Beijing, China 12 employees Venture round Total: $386.00M IoT, Space +1

General Information

Company Name COMMSAT
Founded Year 2015
Location China Beijing, China
Employees 12
Industries IoT, Space, Telecom
Funding Stage Venture round
Social

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About COMMSAT

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.

Business keywords: 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 (7)

View All
Funding Stage Amount Investors Lead Investors Date
Venture Round Undisclosed 1
China Internet Investment Fund
03 Feb 2021
Series B CNY270.00M 2
Beijing Wealth Capital, AVIC Capital
14 May 2020
Series A CNY100.00M 3
SkyChee Ventures, Junzi Capital Engineering +1
30 Nov 2018
Series A $16.00M 4
西安中科创星科技孵化器有限公司, SkyChee Ventures +2
07 Feb 2018
Seed Round Undisclosed 3
Shangyuan Capital, Sanxia Jinshi Investment Fund +1
02 Mar 2017
Angel Round Undisclosed 1
西安中科创星科技孵化器有限公司
01 Jan 2016
Seed Round Undisclosed 1
SkyChee Ventures
01 Jan 2015

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FAQ About COMMSAT

Space technology for all
COMMSAT was founded in 2015.
COMMSAT is headquartered in Beijing, China.
COMMSAT operates in IoT, Space and Telecom. Its work centres on Satellite technology, LEO satellites, Space technology and Satellite manufacturing.
COMMSAT has approximately 12 employees.
COMMSAT has completed 7 funding rounds, raising a total of $386.00M. The latest funding stage is Venture round.
Top alternatives and competitors to COMMSAT include Celestial Space Technologies GmbH, mu Space Corp, BLUE PLANET, Fleet Space Technologies, Pixxel. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
COMMSAT and Celestial Space Technologies GmbH are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for COMMSAT, https://bouncewatch.com/company/commsat, updated 30 December 2024. When citing, please name BounceWatch and link this page.

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