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A better Chengdu, a better Coresat
2021-04-24
Recently, the 2021 "Rong Piao Cup" high-level Talent Innovation and Entrepreneurship Competition sponsored by Chengdu Talent Work Leading Group Office and hosted by Chengdu Industry Group officially came to an end.

Liu Bo, founder of Coresat, participated in the final of 2021 "Rongpiao Cup" high-level Talent Innovation and Entrepreneurship Competition

In this competition, Coresat stood out from 1211 high-quality double innovation projects from all over the country, and finally won the third prize in the summary competition, and became the only Chengdu satellite Internet company that won the award in this competition.

2021 "Rongpiao Cup" high-level Talent Innovation and Entrepreneurship Competition trophy

As a startup company focusing on the research and development of satellite Internet technology and ground-end products, Coresat has always hoped to create a fully autonomous and controllable satellite Internet ground-end product system and core technology closed loop by developing satellite Internet baseband chips and terminals with independent intellectual property rights.

In April last year, the National Development and Reform Commission for the first time included satellite Internet in the scope of "new infrastructure", coupled with the high-frequency launch of the US Star Link program, has made the need for the development of China's satellite Internet industry more urgent.

At present, the industry generally believes that the construction, operation and application of satellite Internet has the overall national strategic significance and industrial driving role, and must ensure network security and autonomy and control from scratch, and accelerate the research and development and demonstration application of key technologies.

Coresat's vision is to "make the world more connected." At present, Coresat has successfully developed a number of satellite communication products with independent intellectual property rights through years of technology accumulation, covering the three major sectors of satellite broadband Internet, satellite Internet of Things, and Tiantong satellite communication.

At the same time, Coresat has also actively participated in the construction of satellite Internet in China, and has participated in the prototype design and standard formulation of a number of large-scale systems, while accelerating the development of core technologies such as satellite Internet broadband baseband chips.

Coresat enterprise positioning and development strategy

Today, Coresat has become one of the fastest growing private satellite Internet companies in China. This competition allows more people to see the future development potential of Coresat and satellite Internet, and once again confirms the company's strategic direction of focusing on the core technology of the satellite ground end.

It is reported that as one of the highest specifications and largest double innovation events in the province, this year's "Rong Piao Cup" competition with "a better Chengdu, a better you" as the theme, focusing on 14 industrial ecosystems, invited Detong Capital, technology to Venture Capital, Fukun Venture Capital, Chengchuang Capital, Heyi Venture Capital, Saima Capital and other investment institutions to participate in the review. A total of 1,211 high-level talent innovation and entrepreneurship projects were recruited, 143 projects were favored by investment institutions, and a total of 5,617.5 billion yuan of intended investment was obtained, and 42 projects were intended to land or have landed, with a total valuation of 35.266 billion yuan.