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Chang Guang Satellite Technology Co. Ltd. (CGSTL)

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Verified facts grounded in source documentation.

CGST aims to launch 200 Gaofen 05-class satellites by 2027 to provide daily global coverage.

NARRATIVE GROWTH11/11/2024Chinese commercial Lijian-1 rocket launches 15 satellites

In 2022 CGST expanded its plans to launch 300 satellites by 2025.

NARRATIVE GROWTH4/15/2024China launches commercial SuperView-3 remote sensing sat

Changguang Satellite Technology aims to expand its Jilin-1 constellation to 300 satellites by 2025.

NARRATIVE GROWTH1/8/2024U.S. Army issues new guidance on the use of space for ground warfare

Changguang Satellite Technology plans to expand its satellite-to-ground laser communication bandwidth to between 40 Gbps and 100 Gbps.

NARRATIVE GROWTH10/13/2023Chinese commercial satellite firm completes high-speed laser image transmission test

CGST intends to expand its Jilin-1 constellation from a planned 138 satellites to 300 satellites by 2025.

NARRATIVE GROWTH9/21/2023China’s Galactic Energy suffers first launch failure

CGST aims to expand its Jilin-1 constellation to 300 satellites by 2025.

NARRATIVE GROWTH6/30/2023China’s Changguang Satellite demonstrates space-to-ground laser links

Changguang Satellite secured $375,000,000 in funding for its Jilin-1 project in November 2020.

NARRATIVE FINANCIAL10/28/2022Chinese commercial remote sensing satellite firm to double size of constellation

Changguang Satellite Technology (CGST) secured $375,000,000 in funding for its Jilin-1 project in November 2020.

NARRATIVE FINANCIAL5/5/2022China launches new batches of Jilin-1 commercial remote sensing satellites

Chang Guang Satellite secured $375,000,000 for its constellation plans in late 2020.

NARRATIVE FINANCIAL9/27/2021Classified satellite declared lost after China launches twice in 2 hours

Funding in 2021 had not reached the levels of the largest 2020 rounds, which included Changguang Satellite ($375,000,000) and launch companies Landspace ($175,000,000) and iSpace ($173,000,000).

NARRATIVE GENERAL8/26/2021Chinese commercial sector investment lagging in 2021

Funding in 2021 had not reached the levels of the largest 2020 rounds, which included Changguang Satellite ($375,000,000) and launch companies Landspace ($175,000,000) and iSpace ($173,000,000).

NARRATIVE GENERAL8/26/2021Chinese commercial sector investment lagging in 2021

Changguang Satellite raised $375,000,000 in 2020.

NARRATIVE FINANCIAL8/10/2021Chinese hypersonic spaceplane company raises $46 million

Chang Guang Satellite Technology Co. Ltd. has successfully launched 30 small remote sensing satellites into orbit since 2015.

TECHNICAL PRODUCT7/7/2021China launches five small remote sensing satellites

Changguang Satellite raised $375,000,000 in a 2020 funding round for its remote sensing business.

NARRATIVE FINANCIAL4/25/2021China’s commercial sector finds funding and direction

Changguang Satellite Co. Ltd. secured $375,000,000 (2.46 billion yuan) in a pre-IPO funding round on 2020-11-28.

NARRATIVE FINANCIAL12/11/2020Remote sensing satellite firm completes huge funding round as Chinese space sector activity accelerates