Shunwei Invests in Satellite R&D and Application Services Firm Qiancheng Tansuo

Pencil News, 3/13/18

Beijing-based satellite R&D and application service provider Qiancheng Tansuo Technology has completed a new round of funding from Shunwei Capital Partners, Chulin Investment Management, and Qingdao Huiquanwan Fund, according to changes to Qiancheng Tansuo's publicly available commercial registration. Qiancheng previously won funding from FutureCap and Ether Investment.

Qiancheng Tansuo is a privately-operated satellite R&D and application service provider, focusing of providing data application services through integration of ground and orbital satellite array. Services include global satellite fast capture and processing of remote sensing/Internet of Things data and global quasi real-time satellite data packet services. Qiancheng Tansuo also provides R&D solutions for commercial satellite customization and orbital delivery.

Keywords: Qiancheng Tansuo Chulin Investment Huiquanwan Fund VC funding satellite telecom R&D remote sensing Shunwei IoT

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