Stock Code:300252.SZ
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Kingsignal strategically invests in Starfast to comprehensively deepen satellite communications operation services

time:2019/07/10

 

 

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Recently, Kingsignal (300252.SZ) has made a strategic investment of several million yuan in satellite Internet company Starfast to comprehensively deepen satellite communication operation services.

 

Starfast is a leading domestic satellite Internet operation company. It focuses on Internet operations in satellite network scenarios, including traffic operations, content operations, user and data operations, satellite phone operations, etc. And it can provide a new generation of satellite Internet access solutions and satellite network content operation and one-stop satellite mobile phone service platform, as well as Internet access, content, services and products for end users.

 

Starfast has reached in-depth strategic cooperation with many industry-leading companies such as Shumao Network, Skysea World, China Telecom Satellite Communications Company, Asia Pacific Satellite, Tongcheng, Guoguang Huaping, Shenzhen Duty Free Group, etc. Together, they have built the world's first satellite Internet ecological alliance, fully integrated content and services such as satellite communications, ship networking, Internet information, tourism, e-commerce, and video, and have been put into large-scale commercial operations.

 

Starfast has signed exclusive operating cooperation agreements with China's top ten sea passenger liner companies. It currently accounts for more than 90% of the Pearl River Delta market, more than 70% of the Bohai Bay market, and more than 50% of the national market. It covers tens of millions of users annually and has become the nation's leading satellite Internet operation platform.

 

Established in April 2002, Kingsignal, the innovator of signal connection technology, is a high-tech private-owned listed company (stock code: 300252.SZ) that integrates R&D, production and sales. It focuses on providing full series of signal interconnected products, solutions and services for core customers of different industries and fields around the world through forward-looking layout based on 5G AIoT. 

 

Kingsignal strategically invests in Starspeed Technology. Both parties will fully integrate resources to jointly expand the operation platform and equipment R & D, manufacturing, system integration and application market in the satellite network scenario, construct solutions for the entire industrial chain, and conduct satellite Internet operations, provide users with satellite communications, Internet and e-commerce services for specific business scenarios, and implement wireless network security solutions.

 

According to the SIA's "Satellite Industry Status Report 2018", the global civil satellite industry's annual revenue is USD 269 billion. Among them, the satellite launches owned by SpaceX and Amazon Blue Origin accounted for only 2%, and the satellite service industry accounted for 38%, exceeding 100 billion US dollars. Commercial satellite Internet services such as Visa, GoGo, and GEE in the U.S. have covered more than 80% of U.S. civil airliners, maritime passenger liners, and remote areas. However, due to its late start, China's market coverage in this area is only 5%, and there is still a large gap between technology and the market.

 

Kingsignal is currently fully deploying the new generation of satellite communication technology and applications, and has invested in a number of industry-leading companies at home and abroad. The strategic investment in Starfast is based on the high recognition of the technological innovation and market operation of Starfast Satellite Internet Platform.

 

In the future, Kingsignal will provide comprehensive technical support to Starfast, work together to deepen the satellite Internet industry cooperation, comprehensively deepen satellite communication operation services, and promote Chinese enterprises to surpass the advanced world level in this field.

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