SBT has recently wrapped up its Series C funding round, successfully raising over 400 million yuan. This funding endeavor attracted prominent investors, including the renowned CICC Capital. The newly acquired capital will be strategically allocated to expedite the research and development (R&D) iterations of satellite internet payload products and the deployment of core chips. Simultaneously, it will fuel the enhancement and capacity expansion of the industrial aerospace intelligent manufacturing line.
Established in 2016, SBT has emerged as a globally recognized leader in supplying satellite internet communication products. The company was the pioneer in introducing the concept of industrial aerospace. Its complete machine products have showcased outstanding in-orbit performance, with numerous indicators setting the domestic benchmark.
From 2021 to 2022, SBT achieved a significant milestone by completing the batch production of 100 satellite TT&C (Telemetry, Tracking, and Command) data transmission products. Building on this success, from 2023 to 2024, the company accomplished the batch production of 90 satellite broadband payload subsystems.
In the realm of satellite IoT system R&D and application, SBT has achieved remarkable results. The network test access success rate has surpassed 95%, a testament to the company's technological prowess. Prior to this, SBT had already completed three rounds of funding, with Longmax Capital being among its esteemed investors.
