# Beijing Xiaoyan Exploration Technology Co.

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/beijing-xiaoyan-exploration-technology-co

- Industry: Aerospace
- Headquarters: Beijing, China
- Latest round: Angel (Sep 7, 2020)
- Investors on record: 3

## About

Based in Beijing, China, and established in 2018, Beijing Xiaoyan Exploration Technology Co., Ltd is an national high-tech company that focuses on artificial intelligent edge computing hardware field. The company based on heterogeneous computing hardware, deep neural network acceleration, multi-modal fusion and other technologies, provides hardware products for high-end fields, such as aerospace, satellite remote sensing, and navigation and positioning. The company's founder is Mr. Xiangwei Liu, who is master of precision instrument department, Tsinghua University, and has over 10 years experience in optoelectronics and radar systems in the Second Academy of Aerospace. 

The company has developed two edge computing hardware, edge computing hardware module Shan Teng 100, and edge computing hardware module Shan Teng 200. The Shan Teng 100 used the field-programmable gate arrays plus system on a chip (FPGA+ SoC) solution, with receiving 2 channels of 1080P high-definition images at the same time, with the reasoning frame rate of 15 fps, with the tracking control frame rate of 50 fps, and with a self-developed sensor camera. The Shan Teng 100 has been sold, using the field of small drone inspection and unmanned pod scenes to realize intelligent monitoring and target tracking. The Shan Teng 200 has functions of geographic information coding, real-time in-orbit reasoning, image compression. The Shan Teng 200 will be carried satellites for in-orbit testing by the end of 2023.

The company has two business models, sale of hardware, and service. The service charge related to re-optimize and upgrade algorithms and models, if new data and new scenes appeared. In 2021, it predict to the company's revenue over RMB 10 million. 

The company plans to bring in capital, and to expect raised RMB 50 million in series A funding in May 2022. Moreover, it will complete large scale of production of computing platform and system in 2025, and expect to annual production capacity reaching 5,000 sets, and revenue of RMB 500 million.

## Funding rounds

- Angel, Sep 7, 2020 — TusStar
- Seed, Jun 25, 2019 — 91Maker Capital, Soaring Capital

## Investors

- 91Maker Capital — Seed
- Soaring Capital (https://capitalatlas.ai/funds/soaring-capital) — Seed
- TusStar (https://capitalatlas.ai/funds/tusstar) — Angel