Located in Shangde Avenue, China-SCO Local Economic and Trade Cooperation Demonstration Area, Geely Satellite Internet Project is a new generation information technology project. It is invested and constructed by a subsidiary of Geely Group-Zhejiang Geespace Technology Co., Ltd., with a total investment of RMB 4.12 billion, covering an area of 30 mu (20,000 m2) and a planned building area of 53,000 square meters.
The project is mainly established to build the global IoT constellation business headquarters, smart logistics application base, smart Ocean application base, terminal module design and R&D center, etc. The project will adopt the launch mode of nine satellites with one rocket, planning to launch and deploy 72 satellites within 3 years, with a total of 8 orbital planes and 9 satellites per orbit.
Launched in August 2020, the construction started in April 2021. The project is planned to complete the investment of RMB 500 million in the basic year and complete construction in December 2022. The project, whose investment intensity reaches RMB 137 million/mu (667 m2), is the project with largest investment per mu in Jiaozhou.
After its completion, a top-level global IoT will be built, being the world’s leading space-earth integration IoT demonstration project.