Golden Bauhinia satellite no. 1 05/06 successfully launched

Hong Kong Aerospace Technology Group Limited  (HKATG; 01725. HK) announced on 9 December 2022, two satellites under Golden Bauhinia No. 1 05/06 have been launched from the sea launch platform in the Yellow Sea area, China, using the Jielong — 3 (Y1) carrier rocket which marked its first sea hot launch.

Launching a carrier rocket from the sea is a groundbreaking solution, and has the advantages of efficiency, high flexibility, and excellent launch economy, with options for the launch point and drop zone. When launching a low-inclination satellite from land, the launch vehicle routes need to cross a wide range of economically developed and densely populated areas, and there is an increasing number of safety issues. By using a sea launch platform, the growing demand for satellite launching can be met.

Both of Golden Bauhinia No. 1 05 and 06 are optical remote sensing satellites equipped with an optical camera and satellite platforms that have achieved technological breakthroughs including miniaturization, high-speed data transmission, and zero-momentum control. The remote sensing data to be obtained by these satellites will be used in fields such as global agricultural surveillance, environmental protection, transportation, and smart cities.

Hong Kong Aerospace Technology Group