Shanghai-based maker of optical payloads and micro-nano satellites for a planned 1,024-satellite hyperspectral remote-sensing constellation.
Shanghai Puxing Aerospace Technology Co., Ltd. (谱星航天) was founded in Shanghai's Minhang District on 25 September 2025 by He Xiaojun, a former chief designer at Chang Guang Satellite Technology who worked on China's Jilin-1 satellite program. The company develops optical remote-sensing payloads and 20-30 kg micro-nano satellite platforms, and says it is the first team in China to mass-produce real-time spectral quantitative remote-sensing satellites.
Its payload products include hyperspectral spectrometers, high-resolution spectral cameras, atmospheric synchronous-detection spectrometers and situational-awareness cameras. The company's stated long-term goal is the Puxing Constellation, a planned network of up to 1,024 hyperspectral quantitative remote-sensing satellites intended to provide daily global coverage, hour-level atmospheric monitoring and flight-route monitoring. It is building a satellite factory in Changchun with a planned annual capacity of 20-30 complete satellites and 30-50 payloads.
Puxing's first customer satellite and two self-operated hyperspectral verification satellites are scheduled to launch in the first quarter of 2027. Within about 14 months of founding, the company raised five funding rounds totaling roughly CNY 600 million (about $84 million), including an angel round led by Tusstar Venture Capital, an angel-plus and pre-series-A round backed by investors such as Guotai Haitong, Lenovo Holdings and Puhua Capital, a pre-series-A-plus round, and a series-A round co-led by Changfa Fund, Minjin Investment and Changxing Fund.