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Shanghai Yuanxin's Valuation Soars Past 40 Billion Yuan, with Plans to Deploy Over 600 Satellites Next Year
2025-10-14 /
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Author：小编
Shanghai Yuanxin Satellite Operations, often dubbed as China's answer to 'Starlink', has embarked on a fresh round of fundraising. This funding initiative is set to range between 5 billion and 6 billion yuan, with the company's pre-investment valuation already surpassing the 40 billion yuan mark. Notably, in February 2024, Shanghai Yuanxin Satellite Operations achieved a milestone by completing a Series A financing round that raised 6.7 billion yuan, marking the largest single-round financing ever recorded in China's satellite industry.
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