Budget of 1.336 billion yuan! Yuanxin Satellite purchases 7 single rocket multi satellite launch services
2025年10月16日Shandong Province plans to establish an exclusive commercial space route, striving to achieve an annual production of 100 launch vehicles and 150 commercial satellites by 2027
2025年10月16日With the development of its economy and society, a certain country in Africa has an increasingly strong demand for satellites and urgently needs to launch and operate them. With its rich experience and technical accumulation in the field of commercial aerospace and space information services, Aerospace Hongtu actively cooperates with users in project planning and scheme design, explores the implementation path in line with the national conditions of the country, and finally forms a comprehensive solution for delivering an Internet satellite and supporting ground stations on orbit.
Recently, on behalf of the government, the Secretary General of the President’s Office signed a satellite system strategic cooperation agreement with Aerospace Hongtu via video, specifying that Aerospace Hongtu is the only general contractor of the project. Aerospace Hongtu is responsible for designing, developing and launching an Internet communication satellite, building a supporting ground system in the country, and delivering it to users in the country after completing the satellite ground in orbit test.
On August 29, 2025, the procurement contract was officially signed, with a contract amount of approximately 1 billion yuan.
The signing of the contract marks the gradual large-scale landing of Aerospace Hongtu in the satellite shipping business. Since the opening of overseas marketing outlets in 2019, Aerospace Hongtu has closely followed the national the Belt and Road policy and accumulated a lot of overseas project experience and resource reserves. With the gradual maturity of technology and business environment in the commercial aerospace field, Future Aerospace Hongtu will adhere to the strategic height of satellite system general contracting, actively landing international customer satellite in orbit delivery business through a tripartite cooperation model of “Aerospace Hongtu (general contracting end)+domestic company (trade payment end)+foreign customer (satellite demand end)”, and the project contract amount is expected to further jump.
At present, apart from this country in Africa, several other countries in Africa, Russia, a Central Asian country and other satellite launch projects are steadily advancing. Aerospace Hongtu is willing to continue to compete with excellent domestic enterprises and international companies such as SpaceX, contributing to China’s satellite going global and the internationalization of China’s aerospace industry.
