They want to do the payloads and market operations, leaving the satellite platform, launch and operations to us. We have cooperation with Laserfleet, another startup, who want to build a laser communications constellation in the future. What customers and partners do you have right now? We also receive some support from Changsha city, as the rent for our office is free.
All of them are famous and commercial international venture capitalists in China. Our money comes partly from the founders, like me and my partners, and then we raised money from venture capital firms like Legend Capital, K2VC, SAIF Partners China, Matrix Partners China, Northern Light, Cash Capital and Legend Star. Where does your investment come from? Is it a mix of public and private? When the government decided to allow space startup companies, right then our team quit our jobs and then we went to Changsha and started Spacety. We started to plan for this company because we saw that SpaceX and Planet were totally different from Boeing and Lockheed Martin. Our team began to consider building this company around 2013. What opportunities did you see when founding Spacety? You started out early after China’s opening of the space sector.
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