Recently, Jiangsu Lingque Satellite Application Technology Co., Ltd. announced the completion of a new round of strategic financing, introducing the A-share listed company Zeyu Intelligence as a strategic investor. This round of financing also received joint investments totaling tens of millions of yuan from multiple industrial capital and state-owned assets. This round of financing will mainly be used for commercialization and iteration of satellite and terrestrial communication terminals, adaptation to power industry scenarios, and market expansion.

Disclaimer:Webull uses external vendor Google Translation Service for news translations where we endeavour to ensure these are correct, however, we recommend that you please double-check this information accordingly. Webull is not responsible for translation errors or issues.