January 29, 2023

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Shanghai-based satellite tv for pc navigation company Perception Place finished an A+ financing spherical on Friday value tens of tens of millions of yuan. CDH Fund equipped key funding, whilst the company’s present shareholder Wenqin Capital made an extra contribution. The budget gathered are principally for use for expanding funding within the R&D of high-precision positioning era and launching operations throughout extra eventualities.

The corporate specializes in high-precision GNSS (world navigation satellite tv for pc device) correction information products and services as its core, LEO augmented navigation satellite tv for pc constellation as its provider, and world high-precision augmented navigation products and services as its long run objective. The company is deeply considering transportation, agriculture and different comparable industries, and places ahead centered answers for particular eventualities.

“Tianshu-1” is the primary LEO augmented navigation satellite tv for pc to be introduced through the corporate. Since its unveiling on October 14, 2021, it has finished the practical and function assessments required through the satellite tv for pc on-orbit take a look at define, and the take a look at effects met the design targets of the entire satellite tv for pc.

At the foundation of the “Tianshu-1” take a look at satellite tv for pc, the corporate plans to finish the advance and release of the segment I satellite tv for pc within the trade centered constellation in early 2023, in an effort to supply regional products and services in numerous sessions. To finish the development of this Tianshu LEO augmented navigation constellation device, the corporate will supply steady, uninterrupted, real-time, centimeter-level augmented navigation products and services for flooring customers.

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Someday, the corporate can even cooperate with its commercial companions to create high-precision positioning answers for industries akin to clever riding, travel-sharing, precision agriculture, in addition to answers carried out in quite a lot of eventualities akin to V2X and car tracking. The company can even invent extra utility eventualities for its products and services through offering merchandise with quite a lot of requirements for positioning accuracy.