On September 28, 2020, Yinhe Aerospace officially signed a landing agreement with Nantong Economic and Technological Development Zone. Galaxy Aerospace will invest in the construction of a satellite Internet industry demonstration project in Nantong Development Zone, focusing on building a new generation of satellite research and development and intelligent manufacturing bases. The Galaxy Aerospace Satellite Smart Super Factory will move towards an annual production capacity of 300-500 satellites.

It is understood that the Galaxy Space Satellite Smart Super Factory has started construction in Nantong, which means that China's satellite Internet has officially opened the constellation era. 2020 is the first year of China's satellite internet, which will also be a major development in the first year of China's satellite internet.

In recent years, the deployment of global satellite Internet has accelerated, and China's satellite Internet construction is accelerating, which puts forward an urgent need for enterprises' low-cost, high-performance mass production capabilities and overall industrial chain layout capabilities.

It is reported that Galaxy Aerospace is a leading unicorn enterprise in China's commercial aerospace and satellite Internet fields, and is also the only private enterprise that undertakes major tasks for the national satellite Internet. At present, Yinhe Aerospace has independent research and development capabilities such as load and whole satellites, and has taken the lead in constructing the entire industry chain layout including Ka-band satellite terminals, the first domestic low-orbit Q/V-band customs station and ground operation control network control center in China. Capabilities, and built an experimental system of world-earth integration 5G communication network. Among them, the Galaxy Space Launch Star independently developed by the company is not only China's first low-orbit broadband communication satellite with a communication capacity of 24Gbps, but also the only broadband Internet satellite produced by a private company in China, which is the first internationally verified low-orbit satellite. Q/V/Ka and other frequency band communication, and realized China's first low-orbit satellite Internet 5G communication test. At present, Yinhe Space Two has completed its payload development and has entered the final assembly stage.

On April 20, 2020, the National Development and Reform Commission included "satellite Internet" into the new infrastructure for the first time. Satellite Internet and related industries will usher in major historical opportunities, and the demonstration and traction effects of leading companies will become more obvious.

According to Xu Ming, the founder, chairman and CEO of Galaxy Aerospace, Galaxy Aerospace will give full play to the advantages of aerospace + Internet, and jointly build a new satellite Internet industry ecology with upstream and downstream companies in the industry chain, and jointly enhance the global competition of China's satellite Internet industry. Power to help my country's satellite Internet construction.

Qiang Qiang, Secretary of the Party Working Committee of Nantong Economic and Technological Development Zone, stated that satellite Internet, as a typical strategic emerging industry, has significant technology traction and industry leading role. Galaxy Aerospace is a leading enterprise in the satellite Internet industry, and its satellite smart super factory has landed in Nantong. In the future, it will drive and lead the further deepening and integration of aerospace, communications, Internet and other industries in the Yangtze River Delta region, and accelerate the development of China's satellite Internet construction and industrial development. Editor/He Yuting