Lingque Satellite has completed a new round of financing, and the A-share listed company Zeyu Intelligent has made a strategic investment.

Recently, Jiangsu Lingque Satellite Application Technology Co., Ltd. announced the completion of a new round of strategic financing, bringing in A-share listed company Zeyu Intelligent as a strategic investor. This round of financing has also received joint investments of several tens of millions from multiple industrial capital and state-owned enterprises. The funds will primarily be used for the product iteration of satellite-ground integrated communication terminals, adaptation to power industry scenarios, and market expansion.