The demand for smart data processing on satellites is fueled by the intense competition in global aerospace industry
China’s intelligent satellite service provider StarDetect (Chinese: 星测未来) has closed its pre-Series A funding round worth tens of millions of CNY (USD 1.47 million to 14.7 million).
This round is backed by existing investor TusStar (Chinese: 启迪之星创投) and new supporters including Cowin Capital (Chinese: 同创伟业) and HouTian Capital (Chinese: 厚天资本).
The proceeds will be used to improve product R&D, consolidate commercial orders and expand the application scenarios in the field of commercial aerospace.
StarDetect aims to develop a low-cost space experiment platform for space astronomical exploration and space irradiation tests. It will further reduce the barrier to entry of space commercialization through Commercial Off-The-Shelf (COTS) devices.
Founded in April 2020, StarDetect has a team composed of members from Tsinghua University, Stanford University, and other top research institutions.