Group 1 - Geespace successfully launched the 5th orbital plane of GEESATCOM, deploying 11 satellites and bringing the total to 52 in-orbit satellites, with plans to complete the first-phase deployment of 64 satellites within the next month [1] - GEESATCOM is designed to support satellite IoT and inter-satellite communication across various sectors including intelligent connected vehicles, marine fisheries, construction machinery, and more [2] - Geespace is accelerating international expansion, partnering with organizations in over 20 countries, including collaborations in the Middle East, Africa, Southeast Asia, and South America [3] Group 2 - As deployment nears completion, Geespace aims to expand global cooperation to drive large-scale commercialization of LEO satellite IoT, supporting smart mobility and digital economy growth [4]

Core Insights - Geespace successfully launched 11 satellites, increasing its GEESATCOM constellation from 30 to 41 satellites, with plans to reach 64 satellites within two months [1][3] - GEESATCOM supports various applications including IoT testing, inter-satellite communications, and Earth observation for ecological monitoring [2] - The company has established partnerships with telecom operators in over 20 countries, achieving high communication success and network availability [4] Company Developments - The recent launch took place off the coast of Rizhao, Shandong Province, and all satellites are operating normally [1] - Geespace is collaborating with local telecom operator ALTEL in Malaysia to provide localized GEESATCOM services, which has garnered attention from senior government officials [5] - The company aims to drive large-scale commercial adoption of low-Earth orbit satellite IoT communication technologies globally [5]