成都国星宇航科技有限公司
ADA Space (Chengdu Guoxing Aerospace Technology Co. Ltd.), founded in 2018, is a Chinese New Space company that specializes in building AI-powered commercial satellites for Earth observation and satellite-based computing services. They develop and launch satellites, and are working to establish a global Earth image data network. ADA Space has partnered with organizations like Zhejiang Lab (ZJ Lab) and has strategic cooperative relationships with large state-owned companies and agencies.
All verified mentions of this organization in source documents.
ADA Space re-filed for IPO approval in August 2024 after their initial proposal expired.
Zhejiang Lab is developing the Three-Body computing constellation in collaboration with ADA Space as an AI-enabled space computing infrastructure.
ADA Space filed for an IPO in Hong Kong with reported revenue growth from ¥177 million in 2022 to ¥507 million in 2023.
About 80% of ADA Space's 2023 revenues were generated in the final three months of the year.
Xingshidai-18, Xingshidai-19, and Xingshidai-20 were launched for ADA Space and include AI remote sensing processing capabilities, with Xingshidai-18 also carrying an integrated communications payload.
Xingshidai-16 is a hyperspectral remote sensing satellite built for ADA Space.
ADA Space is expected to continue launching satellites in 2023 for an Internet of Things constellation.
Star Era-17 (Xingshidai-17), also referred to as Dayun, is a 20-kilogram satellite carrying visible light and thermal infrared imagers and AI payloads developed and operated by ADA Space of Chengdu.
ADA Space raised $55,600,000 in a Series B funding round late last year for its AI satellite constellation plans.
ADA Space raised $55,600,000 (355 million yuan) in a Series B investment round.
ADA Space signed a deal in September with China Great Wall Industry Corp. to launch its self-developed fourth-generation AI satellite on the second Long March 8 rocket.
ADA Space previously raised $21,370,000 in a 2020 A+ financing round led by Aplus Capital and Galaxy Holding Group.
The Ministry of Industry and Information Technology approved ADA Space in September to participate in the "2021 Big Data Industry Development Pilot Demonstration Project."
ADA Space has provided services to around 100 business and government users.