China Spacesat Co., Ltd.

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China Spacesat Co., Ltd. (“China Spacesat” for short) is listed in Shanghai Stock Exchange (600118), and held by China Academy of Space Technology (CAST). As an aerospace high-tech enterprise, China Spacesat is engaged in small & micro satellite development, manufacturing of satellite ground application system and equipment, and satellite operation services.

China Spacesat has grown into an industrialized corporation with capability of system design, development, integration and operation services, holding 12 subsidiaries, owning a series of recognized brands, such as DFH and Spacestar. In the field of small & micro satellite development, we have successfully developed several series of satellite platforms, represented by CAST 968. And by 2019, more than 114 modern small satellites have been successfully launched and operated, which are applied to earth observation, ocean monitoring, environment monitoring, space exploration, scientific experiments, and so on. In satellite ground application system and equipment manufacturing, our products cover seven major areas, including Satellite Navigation, Satellite Communication, Satellite Remote Sensing, Cloud Computing & Information Security, UAV System Integration & Service, Satellite Operation Service, Smart City, and of these more than 20 kinds of products, Compass and On-the-move Satcom related products are the market leader in domestic market.

With excellent operating performance, and rapid growth for many years, in 2019, the operating income of China Spacesat has reached $937 million. In the “Thirteenth  Five-Year” period, China Spacesat will follow the established strategic routes, and the guidelines of “dual main business, industrial extension, comprehensive management, scale development”, adhere to the development strategies of simultaneous development of aerospace manufacturing and satellite application, and continue to make it bigger, stronger and better.

At present, China Spacesat has more than 4,000 staffs, with solid scientific research strength and fast-developing main business. It’ll strive towards the direction of industrialization, large-scale, and internationalization, and work to develop into a core enterprise of China Aerospace and a world-class aerospace company, which has highlighted main business, scientific management, remarkable benefit, sustained development, flexible mechanism and powerful competitiveness.