Compare Companies
| Field | 🇨🇳 Spacety | 🇨🇳 MinoSpace | 🇨🇳 Chang Guang Satellite Technology |
|---|---|---|---|
| Type | private | private | private |
| Country | 🇨🇳 China | 🇨🇳 China | 🇨🇳 China |
| Founded | 2016 | 2017 | 2014 |
| CEO | Yang Feng | Gao Enyu | Xuan Ming |
| Mkt Cap / Valuation | — | — | — |
| Employees | — | — | — |
| Sector | Satellite Manufacturing | Satellite Manufacturing | Earth Observation |
| Last raise / Last filing | — | — | — |
| Top risks | US Treasury/OFAC sanctioned Spacety and its Luxembourg subsidiary in February 2023 for allegedly supplying SAR imagery of Ukrainian locations to a Russian firm linked to the Wagner Group — remains on multiple sanctions lists into 2026, permanently foreclosing Western customers, capital and components.; Single-patron concentration on Chinese state and state-linked capital since Western channels closed — funding security, but strategic fragility tracking Chinese policy priorities directly. | Three consecutive years of net losses (-RMB 257M 2023, -RMB 314M 2024, -RMB 200M 2025); the IPO is being attempted under relaxed rules for unprofitable aerospace issuers specifically because profitability is not near.; Export-control exposure via its commercial SAR line — the exact capability that got peer firm Spacety sanctioned by the US Treasury in 2023. | Highest export-control/sanctions exposure of any Chinese EO firm covered — imagery has been publicly alleged to support foreign military intelligence customers, drawing US sanctions attention.; Withdrawn STAR Market IPO (Dec 2024) leaves its VC backers' exit path unclear; the 2026 round is heavily state/quasi-state capital. |
| Next catalyst | A-share IPO following the 2026-02-03 Hunan CSRC guidance filing (2026-2027) | STAR Market IPO progression from acceptance to pricing (2026-2027) | Deployment of the ~RMB 5B round into sensor development and factory expansion (2026-2027) |
Maximum 4 companies. Pass slugs in the ids query parameter, comma-separated. Try SpaceX vs Blue Origin vs Rocket Lab vs Firefly.