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Shanghai Spacecom Raises $1.94 Billion in Series B Round at $6.96 Billion Valuation

Submit on Sunday, August 23rd, 2026 07:39

On August 21, 2026, Chinese state-owned satellite operator Shanghai Spacecom Satellite Technology (SSST), also operating as Shanghai Yuanxin Satellite Technology, closed a 7 billion yuan ($1.94 billion) Series B financing […]

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