Founded in July 2018, Fuchang Space is located in Suzhou High-tech Zone.

Its core team comprises personnel from aerospace research institutes, specializing in the research, design, and manufacturing of power systems for commercial aerospace satellites and their key individual components. This includes a complete satellite power system solution and six individual components, such as power controllers, lithium-ion battery packs, solar panels, panel deployment mechanisms, panel drive mechanisms, and solar sensors.

Since its inception, Fuchang Space has conducted over 50 launch missions, enabling its products to be deployed in orbit for over 190 satellites. Adhering to its initial vision, Fuchang Space aims to provide high-quality basic products to support the national aerospace and defense industries, striving to become an innovative, dynamic, large-scale, and well-managed startup, and a vital link in the commercial aerospace industry chain.