"StarTown Space" has completed a Series A financing of several hundred million yuan.

It is learned from 36Kr that recently, Xingyi Space, a service provider of spacecraft telemetry, tracking, command and operation management solutions, has completed a Series A financing of several hundred million yuan. This round of financing has introduced a number of investment institutions including Suzhou Venture Capital, Lihe Qingtong, Septwolves Holdings, Zhichen Investment, Lanxi Capital and Haisi Venture Capital. After this round of financing, the company will accelerate the construction of the global TT&C station network, and continuously strengthen its key capabilities in large constellation TT&C management, precise orbit determination and control and other core fields.