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Shanghai Spacecom Satellite Technology (SSST)

CN

上海垣信卫星科技有限公司

Shanghai Spacecom Satellite Technology (SSST), also known as Shanghai Yuanxin Satellite Technology, is a Chinese state-owned company established in 2018, aiming to become a global satellite communication service operator. SSST is constructing the "Thousand Sails" or "G60 Starlink" constellation, a low-Earth orbit (LEO) satellite network to rival SpaceX's Starlink, with plans to deploy over 15,000 satellites by 2030. Key activities include providing global users with internet, navigation, and remote sensing services, and they partner with organizations like CGWIC, MEASAT, and various investors including the National Manufacturing Transformation and Upgrading Fund.

commercial
China
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All verified mentions of this organization in source documents.

Genesat was established in 2022 by the Chinese Academy of Sciences’ Innovation Academy for Microsatellites (IAMCAS) and Shanghai Spacecom Satellite Technology (Spacesail).

RelationshipsGeneralValue 3.5Dec 30, 2024Satellite manufacturer for Chinese megaconstellation secures $137 million funding

Shanghai Spacecom Satellite Technology raised 6.7 billion yuan for the construction of its G60 low Earth orbit megaconstellation.

FinancialGrowthValue 4.5Feb 2, 2024Shanghai firm behind G60 megaconstellation raises $943 million

Shanghai Gesi Aerospace Technology (Genesat) is a state-owned company established in 2022 by the Chinese Academy of Sciences’ Innovation Academy for Microsatellites (IAMCAS) and Shanghai Spacecom Satellite Technology.

GeneralValue 3.2Dec 29, 2023First satellite for Chinese G60 megaconstellation rolls off assembly line
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