Coresat

About Coresat

Coresat, officially Teemsun Technology Co. Ltd., is a high-tech enterprise specializing in the research, development, production, and sales of optoelectronic and navigation products. Founded on January 8, 2014, by co-founders Luo Juedian and Wu Mingxing, the company has established itself as a key player in China's infrared and satellite navigation sectors. The founders' journey began with a shared vision, culminating in the establishment of Coresat with angel investment from Legend Star in 2014.

The company's business is centered on optoelectronics, navigation, remote sensing, and information systems. It operates primarily in the mid-stream of the industrial chain, serving downstream clients such as military-industrial complex enterprises and civil-use complete equipment or system manufacturers. Coresat's core offerings include cooled infrared cores, complete machines, and circuit modules, alongside components like detectors and lenses. These products are integral to high-performance applications such as reconnaissance and monitoring equipment for border defense, optoelectronic pods, satellite optical payloads, and infrared guidance systems. The company has also developed non-cooled infrared products for cost-sensitive and portable applications like outdoor hunting and observation. In addition to its hardware, Coresat provides software development and technical services.

Coresat achieved a significant milestone by listing on the Shenzhen Stock Exchange's ChiNext market on August 21, 2024. This IPO raised approximately 500 million RMB, with the funds allocated to the R&D and industrialization of optoelectronic products, the construction of an ultra-precision optical processing center, and a photoelectric chip R&D center. The company is recognized as a national-level "specialized, refined, distinctive, and innovative" Little Giant enterprise and holds 18 invention patents and 11 utility model patents.