a C 9 邸凤萍 教卫星学会"算账" 让"星池计划"照亮百业 ——专访椭圆时空创始人兼总裁邸凤萍 ◎记者 邹俭朴 伊妹儿 当一家以卫星应用为主业的商业航天公司不再专注于售卖"卫星照片"，它还能干什么？随着近期完成数 亿元C1轮融资，椭圆时空（北京）科技有限公司（简称"椭圆时空"）给出的答案愈发清晰，企业创始 人兼总裁邸凤萍日前接受上海证券报记者专访，深度阐述了这家航天企业的创新逻辑、商业路径与发展 蓝图。 技术领跑：让卫星学会"在轨算账" "传统遥感卖的是照片，我们提供的是即时信息服务。"邸凤萍的开场白，划出了两个时代的"楚河汉 界"。 她以森林火灾应急和电力电网智能巡检为例："传统模式火情发现研判需数小时，椭圆时空的技术可在 10秒内完成火点识别与信息推送，效率提升数百倍；在电力电网智能巡检中，传统隐患发现需2至8小 时，复杂情况甚至需要数天，我们可在5至10分钟内完成异常发现、识别与预警，实现主动防控，大幅 提升应急与巡检效率，降低灾害与运维损失。" "随着'太空具身智能服务'体系建设和'星池计划'推进，我们在全球商业航天领域划出了属于自己的独特 赛道。"邸凤萍介绍，椭圆时空自创立之初便锚定"应用需求驱 ...

Investment Rating - The communication industry is rated as "Cautiously Optimistic" with a focus on operators with sustained profit growth and enhanced network value [5][44]. Core Insights - The communication sector experienced a decline of 1.15% from December 29 to December 31, 2025, underperforming the CSI 300 index by 0.56 percentage points, but had a strong annual increase of 88.29%, ranking second among 30 sectors [2][12][13]. - The Starlink service from SpaceX has reached over 9 million active users across 155 countries, marking a significant shift towards commercial viability in low Earth orbit satellite internet [3][40]. - The Chinese market is accelerating in satellite internet development, with significant policy and technological advancements, including the establishment of a commercial space administration and plans for large satellite constellations [4][42]. Summary by Sections Market Review - The communication sector's performance was ranked 23rd among 30 sectors during the specified period, with a notable annual increase of 88.29% [2][12]. - The sector includes 119 listed companies, with 89 experiencing stock price increases and 30 declines during the review period [13][14]. Industry News - The Ministry of Industry and Information Technology has issued guidelines to promote the development of a new type of internet exchange center, enhancing data flow efficiency across networks [17][18]. - The Shanghai Stock Exchange has released new listing rules for commercial rocket companies, facilitating their entry into the Sci-Tech Innovation Board [20][21]. Weekly Focus: Starlink User Growth - Starlink's user base has grown rapidly, with significant improvements in network performance and cost control, leading to a competitive position in the broadband market [3][40][41]. - The service is expanding from remote areas to suburban households and is set to introduce mobile connectivity services [41][42]. Investment Recommendations - The communication industry is advised to focus on operators with ongoing profit growth, companies benefiting from traffic growth and optical communication, and firms with strong technological innovation [5][44].

Financing Activities - Chunfeng Huayu completed several hundred million RMB Series A financing, led by Shunxi Fund and Qiming Venture Partners, to enhance technology iteration and global market expansion in spinal surgery robotics [2] - Suzhou Yixin Semiconductor announced strategic financing to expand Micro-LED packaging chip capacity, focusing on full-color Micro-LED chip products [2] - Suzhou Xizhi Technology completed 250 million RMB Pre-A financing, aimed at new product development and facility expansion in the wide bandgap semiconductor sector [2] - Yufeng Future secured a new round of financing in the hundreds of millions, led by Hangtou Fund, to advance testing and certification of its large electric vertical takeoff and landing aircraft [3] - Lingtai Biopharmaceutical completed over 200 million RMB Series B financing, led by Hankan Capital, to accelerate clinical development of its core products [3] - Qianjue Technology raised nearly 100 million RMB in Pre-A++ financing to enhance brain-like architecture development and global commercialization [4] - Arc Light Quantum completed several million RMB Series A financing, exclusively funded by Beijing Information Industry Development Investment Fund [4] - Nuo Yiteng Robotics completed Pre-A+ financing to enhance data collection and processing capabilities for embodied intelligence [6] - Weihe Biotechnology announced seed round financing to build a research platform for synthetic biological manufacturing [6] - Chip Bida completed a new round of financing to promote market penetration and next-generation automotive chip development [6] - Baiming Xinkang raised over 300 million RMB in D+ round financing to advance global clinical trials and internationalization of its product pipeline [7] - Shuo Cheng Technology completed over 100 million RMB D round financing to support AI model iteration and market expansion [8] - Xino Future secured over 100 million RMB angel round financing, led by CATL Capital and Xiaomi, to accelerate product development and mass production [8] - Elliptical Space completed several hundred million RMB C1 round financing to advance its core strategic project "Star Pool Plan" [9] - DeepSense Technology completed over 800 million RMB C round financing to enhance its scientific discovery intelligent engine and expand market applications [9] Fund Establishments - The first commercial aerospace socialized special fund, "Leading Innovation Commercial Aerospace Alliance Science and Technology Fund," was established with an initial scale of 2 billion RMB [11] - Chengdu High-tech Zone established a venture capital fund with a contribution of 3 billion RMB [11] - The Guangdong-Hong Kong-Macao Greater Bay Area Venture Capital Guidance Fund was registered with a contribution of 45.05 billion RMB [12] - Shanghai Jiao Tong University launched the second phase of its future industry mother fund, targeting a scale of 1 billion RMB [12] - A low-altitude industry venture capital fund was established in Fuzhou with a contribution of 500 million RMB [12] - Zhejiang Province established a science and technology innovation direct investment partnership with a contribution of approximately 8.08 billion RMB [14] - Fujian (Xiamen) Social Security Science and Technology Innovation Fund was established with a contribution of 20 billion RMB [14] - A space and marine industry development fund was established in Hunan with a contribution of 3 billion RMB [14]