Focusing on space computing, Ｗuxi capital group has completed the lead investment in the A round of financing for Xingce Future

　　Recently,  Ｗuxi capital group led a Series A funding round of tens of millions of yuan for the space computing infrastructure service provider "Star Measurement Future," with participation from Liangxi Industrial Development Group and Guolian Minsheng Securities. The funds will be allocated to the development of a domestic computing platform, iterative improvements in on-board processing algorithms, and the validation of new smart space application scenarios.  

　　This investment, facilitated through a "fund + industry" investment model, will accelerate the implementation of Star Measurement Future's payload integrated electronic system R&D and business center project in Liangxi District, Wuxi, as well as its construction. It aims to enhance the comprehensive competitiveness of the industrial chain and empower the high-quality clustering development of Liangxi's aerospace industry.

　　It is reported that after the project's investment and construction are completed, it will primarily be used for the production and sales of the next-generation payload integrated electronic systems, with an expected annual output of over 100 sets of the Starstream series payload integrated electronic systems and the Starsea series space-based computing and simulation platforms. 

　　Focusing on supporting the development of Wuxi's "465+X" modern industrial cluster, Wuxi capital group has strategically positioned itself in key future industries such as artificial intelligence, commercial aerospace, and the low-altitude economy. By innovating the "investment-application linkage + investment-incubation linkage" model, adhering to professional research and value investing, it aims to strengthen, supplement, and extend industrial supply chains, while fostering the integrated development of technological and industrial innovation.

　　　　　　　　　　　　　About Star Future

　　Founded in 2020, Xingce Future is committed to utilizing cutting-edge AI technology to empower the entire aerospace industry chain, including communication, remote sensing, and scientific experiments, as well as other high-end equipment fields in aviation and ground scenarios.

　　Based on core capabilities such as high reliability edge heterogeneous computing, high-performance algorithms, and software hardware collaborative optimization, the company is committed to creating an integrated solution for intelligent computing software and hardware on board satellites, building a space-based computing infrastructure, and providing a software and hardware integrated computing platform+AI processing solution for high time sensitive businesses such as national defense and emergency response, as well as intelligent services for civil and commercial enterprises. 

　　Xingce Future has successfully launched 21 payloads in orbit and has the ability to deliver them in bulk. It has extensive cooperation with various satellite companies, aerospace institutes, and university research institutions. At present, the company has successfully launched a space-based computing payload in orbit with a computing power of over 275 TOPS, which is internationally leading in computing performance. And successfully developed a space-based computing payload with a computing capability of over 1100 TOPS per second, which is about to be launched into orbit.