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Chang Guang Satellite Technology Co. Ltd. (CGSTL)

CN

长光卫星技术股份有限公司

Chang Guang Satellite Technology Co. Ltd. (CGSTL) is the first commercial remote sensing satellite company in China. CGSTL designs, manufactures, and operates the Jilin-1 satellite constellation, which is composed of more than 70 satellites and provides high-resolution Earth observation imagery and data services. CGSTL's products and services cater to various sectors, including land security, geographic mapping, agriculture, and environmental protection. Recent reports indicate the company may have ties to the People's Liberation Army and has been accused of providing imagery to groups like the Houthi rebels.

commercial
Changchun, Jilin, China
www.jl1.cn
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All verified mentions of this organization in source documents.

China Orient Asset Management, Shenzhen Capital Group, Chengtong Fund, Changfa Group, Lushi Investment, and Haitong Innovation participated in Changguang Satellite Technology’s 5 billion yuan financing round.

RelationshipsFinancialValue 4.4Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

Changguang Satellite Technology is developing upgraded sensors for Earth imaging at greater centimeter-level resolutions.

CapabilityValue 3.5Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

CGSTL has mentioned manufacturing capacity to produce 200 satellites per year.

CapabilityGrowthValue 4.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

CGSTL is still pursuing 300 operational satellites in orbit.

PlanGeneralGrowthValue 3.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

CGSTL demonstrated intentional imaging of other spacecraft using unmodified hardware in October 2025.

CapabilityValue 3.6Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

Hongqing Technology and CGSTL are both satellite manufacturing entities in China’s space sector.

GeneralValue 1.5Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

CGSTL launched the first set of satellites with that hardware in April on a dedicated Kinetica-1 mission.

PlanValue 4.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

CGSTL is developing upgraded sensors for Earth imaging at greater centimeter-level resolution.

CapabilityValue 4.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

Changguang Satellite Technology Co Ltd received about 5 billion yuan in fresh equity financing from several investors on July 4.

FinancialValue 4.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

Changguang Satellite Technology mentioned manufacturing capacity to produce 200 satellites per year.

GrowthCapabilityValue 4.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

Changguang Satellite Technology Co Ltd (CGSTL) received about 5 billion yuan in fresh equity financing on July 4 from China Orient Asset Management, Shenzhen Capital Group, Chengtong Fund, Changfa Group, Lushi Investment, and Haitong Innovation.

FinancialRelationshipsValue 5.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

CGSTL received 100 million yuan in additional capital from one of its existing investors in late June.

RelationshipsFinancialValue 4.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

Changguang Satellite Technology received an additional 100 million yuan from one of its existing investors in late June.

FinancialRelationshipsValue 4.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

The municipal government of Changchun invested 500 million yuan in CGSTL in April as part of the same funding round.

RelationshipsFinancialValue 4.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

Changguang Satellite Technology’s Jilin-1 Earth imaging constellation has had 161 satellites launched, with the latest launch on June 15.

PlanGeneralValue 3.5Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

CGSTL will use the financing to improve the technical remote sensing capabilities and applications of its Jilin-1 Earth imaging constellation.

CapabilityFinancialValue 3.5Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

Changguang Satellite Technology is expected to pursue 300 operational satellites in orbit.

PlanGrowthValue 3.5Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

The municipal government of Changchun invested 500 million yuan in Changguang Satellite Technology in April as part of the financing process.

RelationshipsFinancialValue 4.0Jul 9, 2026CGSTL, Hongqing Technology Raise Billions of Yuan to Boost Satellite Capabilities

Haitong Innovation and Shenzhen Capital Group continued investing in Changguang Satellite in the financing round completed on July 4, 2026.

RelationshipsFinancialValue 4.0Jul 4, 2026Changguang (CGSTL/Jilin sats) raises ¥5B ($736M) in equity ChinamobileL1 2520 sats constellation plans turns out to be for orbital datacenters, not coms?! HSPACE (Fancy space) not only plans CZ12A-like HY-1, but also CZ10C-scale HY-2 Wenchang sat superfactory prod. line review

Changguang Satellite Technology Co., Ltd. was founded at the end of 2014.

GeneralValue 1.5Jul 4, 2026Changguang (CGSTL/Jilin sats) raises ¥5B ($736M) in equity ChinamobileL1 2520 sats constellation plans turns out to be for orbital datacenters, not coms?! HSPACE (Fancy space) not only plans CZ12A-like HY-1, but also CZ10C-scale HY-2 Wenchang sat superfactory prod. line review
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