As demand accelerates for satellite connectivity and AI in space, China's push into orbital computing is showing new momentum.
Since the start of 2026, China's commercial space sector has once again emerged as a focal point for both capital markets and industrial players. On one front, major Chinese banks have completed the launch of dedicated or jointly operated satellites, formally integrating satellite applications into financial risk management and digital operations. On another, privately owned aerospace companies are accelerating their push toward initial public offerings, underscoring how commercial spaceflight is moving more rapidly toward both capital-market validation and real-world applications.
Ubiqconn Technology says its accumulated strengths in maritime communications and satellite applications are continuing to underpin expansion into new lines of business, even as near-term revenue remains under pressure. Orders for its unmanned vehicle ground control stations (GCS) have begun entering the delivery phase, while higher-value applications such as edge AI computing and visual recognition are advancing steadily, moves the company expects will improve its revenue mix and margins over time.
Eutelsat, the satellite operator backed by the French and British governments, announced this week that it has placed an additional order for 340 next-generation OneWeb satellites with Airbus Defence and Space. Combined with a previous order of 100 satellites placed in December 2024, the total procurement now stands at 440 low-Earth-orbit (LEO) satellites, with deliveries expected to begin in late 2026.
After completing a Series A funding round in January 2025, SEPOCH (also known as Jianyuan Technology), a Beijing-based private aerospace company, moved quickly to translate capital into concrete infrastructure. The company has begun construction in Hangzhou, Zhejiang Province, of a medium- to heavy-lift liquid rocket assembly, testing, and recovery complex with a total planned investment of CNY5.2 billion (approx. US$745 million).
Japan has formally committed to building its own low-Earth-orbit (LEO) satellite constellation, marking a significant shift in how the country approaches communications infrastructure and national security.
As commercial space activity accelerates worldwide, Alex Haro, the chief executive of Hubble, describes the industry as undergoing a structural shift—one that is transforming satellites from experimental hardware into global digital infrastructure.
A Japanese startup originating from Waseda University, Power Diamond Systems (PDS), showcased its diamond-based semiconductors at SEMICON Japan 2025, presenting for the first time an evaluation system that confirmed the devices' operation after packaging.
