Star Atlas Control Strengthens Space Traffic Management and On-Orbit Services

With the strategic plan for high-quality development of commercial space advancing in depth, the Beijing Stock Exchange (BSE) and the National Equities Exchange and Quotations (NEEQ) are actively aligning with industry resources, gradually forming industry clusters that cover key links. In this industrial map, Xingtu Measurement & Control is anchored to “strengthening the supply chain and filling in the gaps,” focusing on two strategic directions—space traffic management and in-orbit services—making it one of the representative companies.

At a recent 2025 annual performance briefing held for explanation, Xingtu Measurement & Control outlined its strategic layout. The announcement disclosed by the company on March 30 shows that in 2025, revenue from its special aerospace business will account for approximately 60%, while the commercial aerospace business will account for approximately 40%; this pattern will remain stable in the near term.

Among them, the special aerospace business mainly targets the defense sector and covers key links such as aerospace measurement and control, aerospace simulation, space monitoring, and orbit management. A relevant company executive said, “We will further enhance our technical support and comprehensive service capabilities for customers in the special aerospace field.”

In the commercial aerospace sector, the company is actively expanding its market layout, providing customers with full-lifecycle solutions that include space measurement and control system(s), the “Insight” series of software products, ground system construction, satellite in-orbit management, and in-orbit safety.

At the performance briefing, Xingtu Measurement & Control explained the business model of its space sensing constellation. According to the introduction, the constellation can achieve in-orbit satellite detection, orbit determination, and cataloging, and also has capabilities such as monitoring space debris, analyzing orbital data, and predicting collision risks.

On the level of ecosystem development, the company has made clear that it will focus on two strategic directions: space traffic management and in-orbit services. Specific pathways include: deepening coordinated cooperation with upstream and downstream enterprises in the industrial chain, strengthening technology docking and resource linkages in key links; improving the introduction of high-level scientific and research talent and building teams, focusing on tackling key core technologies for space traffic management, and making efforts to enhance the automation and intelligent level of space operations management.

Xingtu Measurement & Control’s innovative exploration is not an isolated case. Currently, on the BSE and the NEEQ, a number of small and medium-sized enterprises are emerging that are deeply focused on niche areas of commercial space.

In the BSE market, companies such as Xingchen Technology and Tongyi Aerospace have already built key links in the rocket industrial chain, covering fields including measurement and control, payload fairings, and special materials. In the NEEQ market, State-level specialized and innovative “little giant” enterprises focused on ultra-high-speed large-capacity data processing and edge-side AI image processing technology—Zhuotu Technology—recently completed the filing for BSE tutoring and guidance. In addition, key aviation and aerospace companies such as Yagang Composite Materials, Hanlin Technology, and Baoyin Special Materials have already listed on the NEEQ, and the industrial chain layout is becoming increasingly well developed.

Market participants believe that, supported by flexible institutional arrangements and efficient financing functions, the BSE and the NEEQ have become one of the important platforms for bearing high-quality commercial aerospace companies and helping achieve deep integration between industry and capital.