New Space Aerospace Group and Shanghai EuroNet Network Technology Development Co., Ltd. have reached a strategic cooperation to jointly promote the deep integration of aerospace and digital technology

On January 17, 2025, Xiamen - New Space Aerospace Group and Shanghai EuroNet Network Technology Development Co., Ltd. officially signed a strategic cooperation agreement. This cooperation aims to promote the deep integration of the aerospace industry and digital technology through complementary advantages in technology. The two sides will carry out comprehensive cooperation in multiple fields such as data center construction, spacecraft renovation, data communication and processing technology, digital ground control systems, etc., to promote innovation and development of global aerospace technology.

According to the strategic cooperation focus areas of the agreement, both parties will carry out in-depth cooperation in the following key areas:
1. Spacecraft modification technology
The New Space and Aerospace Group will combine the technological advantages of EuroNet Technology in big data, artificial intelligence, and cloud computing in the fields of aircraft modification control systems, navigation systems, fault detection, and automatic repair to jointly promote technological innovation. The two sides plan to jointly equip a super large data center with independent decision-making to improve the efficiency and safety of space missions.
2. Digital Ground Control System
Through joint research and development, the digitalization level of spacecraft and ground control systems will be enhanced, integrating artificial intelligence and big data technology to optimize real-time monitoring, aerospace data transmission, and task execution of spacecraft. Provide more efficient and accurate scheduling, command, and resource management capabilities for tasks.
3. Satellite Communication and Data Processing Technology
Both parties will cooperate in the fields of satellite communication technology and data processing, especially in the rapid transmission, storage, and analysis of large-scale data. Through the mutual support of EuroNet's cloud computing platform and New Space Group's Chitu series spacecraft large model construction technology, both parties will jointly enhance the stability, transmission speed, and data processing capabilities of satellite communication, providing data support for future deep space exploration missions.
4. Application of Information Technology in Aerospace Industry
Based on the innovative experience of EuroNet Technology in the field of information technology, the two sides will carry out extensive cooperation in the transformation of aerospace industry informatization. The cooperation includes production management of spacecraft, monitoring of space mission execution, big data analysis, etc. It utilizes digital technology to optimize the industrial chain, improve production efficiency, and provide technical support for the sustainable development of the aerospace industry.
Collaboration and Vision
Yang Xiao, Chairman and CEO of New Space Aerospace Group, said, "This strategic cooperation with Shanghai EuroNet Network Technology Development Co., Ltd. is an important layout for our company's technological innovation and digital transformation in the aerospace industry. The complementary advantages of both sides have brought new breakthroughs to the automation and digital development of new space spacecraft, and also provided stronger technical support for our future competition in the global spacecraft market
Chen Minghua, CEO of Shanghai Euronet Technology Development Co., Ltd., said: "We are very happy to establish a strategic partnership with New Space Aerospace Group. The aerospace industry is in a state of rapid development and a critical period of digital transformation, and Euronet Technology's technology accumulation and innovation in data center construction and operation, digital communication, data processing and other fields will bring more possibilities to the aerospace industry. We believe that through in-depth cooperation between the two sides, we will be able to promote the digital process of the global aerospace industry and promote the long-term development of aerospace technology. At the same time, we will accumulate valuable experience for the construction plan of New Space Aerospace Group's space data center, and take an important step for the exploration of human space computing power construction."
The manifestation of this strategic cooperation not only provides a cooperation platform for New Space Aerospace Group and Shanghai EuroNet Network Technology Development Co., Ltd., but also lays the foundation for the inevitable prospect of the integration of aerospace technology and digital technology in the future. Urgently moving towards standardization and digitization, this cooperation will undoubtedly play an important role in enhancing aerospace technology innovation capabilities and promoting the development of the global aerospace industry chain.
Cooperation prospects
The global aerospace industry is entering a new stage of development, and standardization and digitization will become key factors driving industry progress. This space strategic cooperation will involve joint innovation with EuroNet Technology in areas such as intelligent space technology, digital control systems, and satellite data transmission. Both sides will face a common future, explore new opportunities for the integration of the aerospace industry and digital technology, and contribute to the future development of the global aerospace industry.
Regarding the New Space and Aerospace Group
New Space Group is one of the important enterprises in China's aerospace technology industry, dedicated to the research and industrialization of core technologies such as spacecraft, launch vehicles, and rocket engines. The company has made significant achievements in the aerospace field by relying on aerospace technology research and development, market expansion, and improving industrial chain layout, continuously promoting China's aerospace technology to the international stage.
About Shanghai Ouwang Network Technology Development Co., Ltd

Shanghai Ouwang Network Technology Development Co., Ltd. is a high-tech enterprise dedicated to innovation in network technology, data communication, and information processing technology. The company is committed to utilizing technologies such as big data, artificial intelligence, and cloud computing to provide leading digital solutions for fields such as aerospace, aviation, and communication, and has made breakthrough progress in multiple areas.