SpaceNexus company dossier
SpaceSail (Yuanxin Satellite)
Data as of Oct 16, 2026. Every fact below cites a numbered public record; the records are listed in full at the end.
https://spacenexus.us/company-profiles/spacesail
Facts
| Area | Fact | Figure | Date | Source |
|---|---|---|---|---|
| Funding | Latest sourced round | Capital increase: CN¥6.98B (about $1.04B)Lead recorded as China Structural Reform Fund II synergy fund (国调二期协同发展基金股份有限公司), leading a 24-member consortium. Dollar figure converted at 0.148381 CNY/USD (ECB euro foreign exchange reference rates) on Aug 17, 2026 | Aug 17, 2026Announced | [1] |
| Funding | Sourced rounds on record | 2 rounds, $1.97B disclosedEvery round has a disclosed amount | Aug 17, 2026Latest round | [1] [2] |
Relationships in the record
| Kind | Party | Basis | Date | Source |
|---|---|---|---|---|
| Investors | China Structural Reform Fund II synergy fund (国调二期协同发展基金股份有限公司), leading a 24-member consortium | Recorded as lead of Capital increase (Aug 17, 2026) | Aug 17, 2026 | [1] |
| Investors | 国调二期协同发展基金股份有限公司 (China Structural Reform Fund II synergy fund) consortium | Took part in Capital increase (Aug 17, 2026) | Aug 17, 2026 | [1] |
| Investors | CAS Capital |
Sources
- STCN (China Fund News): https://www.stcn.com/article/detail/4083471.html
- SpaceNews: https://spacenews.com/shanghai-firm-behind-g60-megaconstellation-raises-943-million/
How to cite
SpaceNexus. (2026, October 16). SpaceSail (Yuanxin Satellite): Company dossier [Data set]. Retrieved October 16, 2026, from https://spacenexus.us/company-profiles/spacesail