36Kr Exclusive | An Aerospace Electrical System Interconnection Component Solution Provider Secures Tens of Millions in Financing, Ranking First in the Niche Market Share

Author | Qiao Yujie

Editor | Yuan Silai

Yingke learned that Qingdao Beichen Aerospace Technology Co., Ltd. (hereinafter referred to as "Beichen Aerospace") recently completed an angel round of financing of tens of millions of yuan, exclusively invested by Yunqi Capital.

Qingdao Beichen Digital Intelligence Technology Co., Ltd., a wholly - owned subsidiary of Beichen Aerospace, was established in 2014. It has long been deeply involved in the research and development of interconnection components for aerospace electrical systems, providing system engineering solutions from design to assembly.

The interconnection of electrical systems is one of the five core components of spacecraft, similar to the "nerves and blood vessels" of the human body. It undertakes key functions such as power distribution, signal transmission, measurement and control, and has high - complexity and high - reliability requirements. With the development of commercial space, deep - space exploration, and low - altitude aircraft, the layout of instruments, the design of electrical system interconnection (cable network) laying, and the supporting electrical system interconnection component products are facing new demand growth.

It is understood that in the early days, Beichen Aerospace participated in the design of aerospace electrical system interconnection systems as an external collaborator. It was deeply involved in the three - dimensional design of multiple launch vehicle models, and its technology maturity is leading in the industry.

After more than a decade of accumulation, Beichen Aerospace has the ability to provide full - process one - stop services for aerospace enterprises. It can complete the entire closed - loop process from equipment configuration layout, electrical system interconnection (cable network) laying design, to production, processing, and assembly guidance. Customers only need to provide requirements and IDS interface data. Currently, it is also the only private commercial aerospace enterprise in China that can provide full - chain services of "design - production - assembly - delivery".

In terms of the technology platform, Beichen Aerospace has independently developed the Chenshu EWIS cable network design and production management system (CSED), which can organically combine IDS data with the three - dimensional design data of spacecraft such as satellites and rockets. It uses the mode of coordinated design and a single data source to achieve one - key conversion to the production link, open up the data link between design and manufacturing, and reduce the risk of information break in the traditional mode. This system once supported a satellite project to complete the full - process design (including multiple rounds of scheme iteration) within one month, and has the ability to better meet the "short - cycle, fast - iteration" requirements of commercial space.

A certain model product (Image source/Enterprise)

In addition to commercial space, Beichen Aerospace also serves low - altitude and drone customers. In the field of low - altitude and drones, large - scale drones (with a payload of more than 1 ton) need to provide complete electrical system interconnection design documents during the airworthiness certification process. The traditional on - site wiring method is difficult to meet the requirements of consistency and reliability.

Beichen Aerospace provides a "turnkey" solution. It intervenes in the overall electrical system interconnection layout and drawing output from the principle design stage. By pre - fabricating cable networks and modular installation, it can improve the assembly efficiency, further ensure mass - production consistency, and reduce flight risks, providing guarantee for customers to obtain airworthiness certification.

The nerve and blood vessel network of an aircraft (Image source/Enterprise)

Currently, Beichen Aerospace has a stable product delivery ability, and its revenue has been growing for many consecutive years. In 2025, its revenue reached tens of millions of yuan.

After the completion of this financing, Beichen Aerospace will further expand its production capacity, build a research and production site of about 2,000 square meters, and improve the relevant equipment configuration.

The following is an excerpt from the interview between Yingke and Man Haifeng, the founder of Beichen Aerospace (slightly edited):

Yingke: Compared with rocket and satellite integrators building their own teams, what pain points can Beichen Aerospace solve that they can't?

Man Haifeng: First of all, it's experience. We have been focusing on electrical system interconnection design since 2012. The company was established in 2014, and we have accumulated nearly 15 years of experience up to now. This long - term engineering experience is difficult for most commercial aerospace companies to make up in a short time. We have participated in hundreds of models, especially the system interconnection and configuration layout design of many national key models. This brings not only a large amount of experience but also a deep understanding of complex systems. For example, we have worked on many ton - class high - orbit satellites, while most current commercial space projects are still mainly in the hundreds of kilograms class, and there is a huge difference in complexity between the two.

Secondly, it's professional division of labor. We have long been only focused on the subdivision field of electrical system interconnection and overall layout, a bit like "specialist doctors", and are very familiar with the advantages, disadvantages, and risk points of this link.

In addition, there is also a real - world problem of talent. Currently, there is a shortage of high - level engineering talents in the commercial space field. Talents need long - term model experience, and it is difficult to solve this problem through short - term recruitment or training.

We have output a large number of design drawings in the past. At the same time, with the support of industry experts, we have established a production system. We can not only do design but also connect to manufacturing and delivery. This set of capabilities cannot be built in a short time.

Yingke: How does Beichen Aerospace's solution specifically achieve cost optimization?

Man Haifeng: It can be understood at three levels. The first is process re - engineering. We have connected the entire link from design to production, turning it into a supporting overall system interconnection subsystem, which we lead and execute. Customers only need to provide requirements and interface data. We complete equipment layout and system interconnection design, and then directly transfer to production through our self - developed system. In this mode, the average design cycle of a satellite project is about 3 months, and that of a rocket is about 5 months. In the fastest case, it can be completed in a few weeks. Compared with the traditional mode, the overall cycle can be compressed to about one - third of the original. Time is money.

The second is large - scale procurement. The material demand of a single model is limited, and the bargaining power is weak. But since we serve multiple customers, we can conduct bulk procurement, such as cables of the same specification and professional connectors, thus having more advantages in price and delivery cycle.

The third is the reuse of testing and tooling. In the traditional mode, each model needs to be equipped with separate testing tooling. But since we serve multiple projects, we can do generalized design to improve the reuse rate of tooling, thereby reducing testing costs.

In addition, as a market - oriented company, we are more flexible in organization and mechanism. Whether it is the price system or the response efficiency, we have more flexibility, which is also an important reason for continuous cost reduction and efficiency improvement.

Yingke: In the next few years, what commercial means will Beichen Aerospace use to further reduce costs?

Man Haifeng: The "turnkey" we are talking about now mainly covers the links directly facing customers, such as design, production, and assembly. But behind this, there is actually a whole set of upstream systems, including the supplier network, material capabilities, and manufacturing capabilities. These are the keys to determining costs. With the development of the commercial space and low - altitude industries, we will also expand these capabilities and gradually complete the entire chain. The ultimate goal is to ensure aerospace - level quality in the field of system interconnection and make the price more competitive.

Investor's view

The investor from Yunqi Capital said: We highly recognize Mr. Man Haifeng, the founder of Beichen Digital Intelligence, and the core team. The team has been deeply involved in the field of aerospace electrical interconnection for more than a decade, with profound model experience, strong engineering implementation ability, and long - term vision. It is a scarce professional leading team in the industry. The company has a solid and hardcore technological gene. It has independently developed the domestic CSED cable network design and production system, which connects the full - chain data in a closed - loop and builds a technological barrier that is difficult to replicate. As the only private manufacturer in China that provides a full - chain turnkey solution of "design - production - assembly - delivery", the company has deeply served leading customers in aerospace technology and commercial space. Its performance has been growing rapidly, and its market share is leading. We firmly believe that the company will rely on its technological, qualification, customer, and production capacity advantages to fully benefit from the general trend of commercial space and low - altitude economy and continue to lead the core track of aerospace electrical interconnection.