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Hongqing Technology raises $191 million in funding, led by China Construction Bank and ICBC, to enhance satellite networking capabilities.

PRIVATEJul 03, 2026

Amount Raised

$191 Million

Round Type

Funding Round

Udan Tohoi TownManufacturingAerospaceSatellite Communication

Investors

Sichuan State FundsCitic Linked VehiclesBeijing Advanced Manufacturing FundHunan State FundsXiamen State FundsChengdu State FundsBank Of ChinaBank Of CommunicationsAgricultural BankE Town CapitalChina Construction BankIcbcJinpu Capital

Description

Hongqing Technology has secured $191 million in a funding round announced on July 2. The financing will be primarily used for company operations, research and development, and team building. The round was led by China Construction Bank, ICBC, and Jinpu Capital. Other notable participants include Bank of China and Agricultural Bank.

Quick answer

Hongqing Technology raised $191 Million in a Funding Round round, dated July 3, 2026. Investors: Sichuan State Funds, Citic Linked Vehicles, Beijing Advanced Manufacturing Fund, Hunan State Funds, Xiamen State Funds, Chengdu State Funds, Bank Of China and Bank Of Communications. Hongqing Technology is based in Udan Tohoi Town, Inner Mongolia, China.

How much did Hongqing Technology raise?
Hongqing Technology raised $191 Million in a Funding Round round on July 3, 2026.
Who invested in Hongqing Technology?
Sichuan State Funds, Citic Linked Vehicles, Beijing Advanced Manufacturing Fund, Hunan State Funds, Xiamen State Funds, Chengdu State Funds, Bank Of China and Bank Of Communications are named as investors in this round.
What does Hongqing Technology do?
Hongqing Technology is a Chinese satellite manufacturer and the satellite manufacturing affiliate of launch firm Landspace.
Where is Hongqing Technology based and how big is it?
Hongqing Technology is based in Udan Tohoi Town, Inner Mongolia, China.

Source: Fundz verified event record.

Who else raised in Aerospace and Satellite Communication around the same time

Companies in the same sectors as Hongqing Technology that raised within 45 days of this round, from Fundz verified event records.

  • SWISSto12 raised $70M (Series C) on July 16, 2026.
  • Apex Technologies raised $200M (Series E) on June 22, 2026.
  • Dream Aerospace raised $1M (Pre-Series A) on June 11, 2026.
  • Isar Aerospace raised $312M (Series D) on June 9, 2026.
  • NewOrbit raised $19M (Series A) on June 8, 2026.
  • Momentus raised $25M (Post-IPO Equity) on May 27, 2026.

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Company Information

Company

Hongqing Technology

Location

Udan Tohoi Town, Inner Mongolia, China

About

Hongqing Technology is a Chinese satellite manufacturer and the satellite manufacturing affiliate of launch firm Landspace. Founded in 2017, it describes itself as China’s only integrated satellite constellation solution provider with synergistic rocket-satellite capabilities. The company provides systematic full-chain services for low-Earth orbit constellation projects, with plans to develop the Honghu-3 constellation featuring 10,000 satellites across 160 planes. It aims to produce between 100-500 satellites annually by 2026, positioning itself as an end-to-end constellation solutions provider.

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Hongqing Technology raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.