Lanling Xingtong Technology Co., Ltd. has recently announced the successful completion of its Angel++ round of funding, with TusStar as the sole investor. The funds secured will be allocated towards satellite batch production and component procurement. Earlier this year, in late March, the company had already raised tens of millions of yuan in its Angel+ round, bringing the cumulative funding raised within six months to a significant amount. Lanling Xingtong specializes in the research and development of satellite communication technology, with the objective of offering integrated space-ground temporal and spatial data services across multiple industries through its proprietary ultra-low-power Bluetooth direct satellite technology.
