Lingque Satellite completes a new round of financing

Recently, Jiangsu Lingque Satellite Application Technology Co., Ltd. announced the completion of a new round of strategic financing, introducing A-share listed company Jiangsu Zeyu Intelligent Power Co., Ltd. as a strategic investor. This round of financing also received joint investment of tens of millions of yuan from multiple industrial capital and state-owned assets. The main purpose of this round of financing will be for the productization iteration of satellite ground integrated communication terminals, adaptation to power industry scenarios, and market expansion.