In January 20th, the Zhejiang space time Technology Co., Ltd., Geely technology group, announced that the company has successfully completed the nationwide road test of “the integration of high and high precision space time information system” at the beginning of this year, which fully verified the advanced nature of the system and service data. As well as the nationwide “centimeter level high-precision spatio-temporal information service capability”, the system will be opened as a commercial window of high-precision positioning service industry. Insiders said that as the Shanxi Guoxin Energy Corporation Limited(600617) automobile industry enters the new track of “intelligent” and “smart travel”, the huge blue ocean demand of high-precision positioning industry is expected to open.
develop “positioning foundation layer technology”
The parity of space-time roads and the actual measurement of relevant roads verify the accuracy and reliability of the centimeter level accurate positioning of the heaven earth integrated high-precision space-time information system in various complex urban environments. In the national road test, the test vehicles covered 30 provinces, autonomous regions and cities and more than 10 key urban agglomerations. The test shows that the precision of the integrated high-precision positioning service exceeds the expectation and reaches the centimeter level, which can fully meet the needs of intelligent driving for high-precision positioning in the future. The test reached the most marginal cities in China, covering the ionospheric active area, and solved the problem of ionospheric active high-precision positioning in low latitudes. Spacetime Daoyu plans to provide high-precision positioning services covering the whole country in 2022 and global instantaneous centimeter positioning services in 2026.
As a team that has been involved in the commercial aerospace field earlier in China and has a deeper layout of the whole industrial chain, spacetime Daoyu has focused on overcoming two difficulties of high-precision positioning technology and services in the past few years. First, the completely independent construction of the integrated system of heaven and earth. Through the independent construction of space-based and foundation, space-time Daoyu realizes the independent control of system and data, and has better sustainable evolution ability and ecological expansion potential. The second is the integration level of technology and services. Relying on the embedded cooperation with Geely Automobile, spacetime Daoyu has the ability to directly participate in front loading and joint research and development.
In September 2021, spacetime Daoyu announced that it would purchase multiple long march series launch vehicles to complete the networking of “low orbit future travel constellation”. In the same period, the first trial production satellite of Taizhou satellite super factory went offline. The factory will have an annual production capacity of 500 satellites to provide all-round support for its mass manufacturing of satellites and the rapid networking of “low orbit future travel constellation”. At present, spacetime Daoyu has formed a whole industrial chain system from satellite R & D, manufacturing, measurement and control and application.
high precision positioning opens the blue ocean market of smart travel
According to the 2021 China Spacesat Co.Ltd(600118) white paper on the development of navigation and location service industry issued by China Spacesat Co.Ltd(600118) navigation and positioning Association in 2021, the overall output value of China Spacesat Co.Ltd(600118) navigation and location service industry has reached 403.3 billion yuan in 2020, an increase of about 16.9% over 2019. Among them, the sales revenue of high-precision related products reached 11.04 billion yuan in 2020, with a compound annual growth rate of nearly 26% in the past decade.
Changjiang Securities Company Limited(000783) recently released a research view that intelligence has become another highland after China’s automobile electrification. Many car companies have launched new models with intelligent driving function in multiple auto shows in 2021. Among them, at the Guangzhou auto show in November 2021, most mainstream Chinese auto enterprises launched competitions for intelligent hardware such as high-precision positioning. As more and more vehicles begin to be equipped with high-precision positioning modules, the growth certainty of high-precision positioning industry will continue to increase.
Analysts said that in the field of high-precision positioning related industries, there are already mature enterprises based on GPS industry such as Trimble and hexcon in the overseas market. By providing mature products in the fields of Surveying and mapping and ocean navigation, relevant enterprises have proved that there is a large market space for high-precision space-time information services. In China, similar to spacetime Daoyu, high-precision positioning R & D enterprises and application solution providers with the technical advantages of “independent satellite system and positioning foundation layer” are expected to realize the comprehensive and rapid landing of various commercial scenarios in the future with the help of the platform of Chinese automobile enterprises.
