Hangsheng Satellite

Hangsheng Satellite is a high-tech enterprise specializing in the research and development of micro- and nano-satellites.

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Updated: Mar 15, 2026 ·

About

Hangsheng Satellite is a high-tech enterprise established in 2015, specializing in the research and development of micro- and nano-satellites. The company emerged as a spin-off from the Chinese Academy of Sciences (CAS) and a university, contributing to the commercial space sector in China. Its operations are based in Changsha, China.

The company focuses on satellite and component manufacturing, alongside Earth observation applications. This specialization positions Hangsheng Satellite within the evolving landscape of commercial space technology, particularly in the development of smaller, more agile satellite platforms.

Recent News & Mentions

Feb 4, 2026FundingHangsheng Satellite - Series A

Financial History

Hangsheng Satellite has raised $23.1M across 1 funding round. Most recently, it raised $23.1M Series A in February 2026.

Total Raised

$23.1M

Valuation

N/A

Funding Rounds Raised

Date	Round	Lead Investors	Other Investors
Feb 4, 2026	$23.1M Series A	Jigang Group, Yunzhongma

Financial History

Hangsheng Satellite has raised $23.1M across 1 funding round.

Total Raised

$23.1M

Valuation

N/A

Deep Dive

Hangsheng Satellite, officially known as Hunan Hangsheng Satellite Technology Co., Ltd., is a high-tech enterprise founded in 2015. The company's core expertise lies in the research and development of micro- and nano-satellites. This specialization places it at the forefront of developing compact satellite technologies for various applications.

The company's origins are rooted in academia and research, having been established as a spin-off from the Chinese Academy of Sciences (CAS) and a university. This background suggests a strong foundation in scientific research and technological innovation, which it applies to its commercial endeavors in the space industry.

Headquartered in Changsha, China, specifically in the Yuelu District, Hangsheng Satellite operates within a growing ecosystem of space technology companies. Its physical location in the Zhongdian Software Park indicates a presence within a technology-focused industrial area, fostering potential collaborations and access to skilled talent.

Hangsheng Satellite's business activities encompass both satellite manufacturing and the production of related components. Beyond hardware, the company is also involved in Earth observation services, leveraging its satellite technology for data collection and analysis. This dual focus on hardware development and data services highlights its integrated approach to the commercial space market.

The company's involvement in the commercial space sector contributes to the broader development of China's space capabilities, particularly in the private and commercial segments. By focusing on micro- and nano-satellites, Hangsheng Satellite addresses the demand for smaller, more cost-effective, and rapidly deployable satellite solutions.

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Frequently Asked Questions

What specific types of satellites does Hangsheng Satellite specialize in?

The company specializes in the research and development of micro- and nano-satellites, focusing on compact and advanced satellite platforms.

Beyond satellite manufacturing, what other services does Hangsheng Satellite provide?

In addition to manufacturing satellites and components, Hangsheng Satellite is also involved in Earth observation applications, utilizing its satellite technology for data collection.