Inertial navigation originated in the military industry. It has always been due to high technology and high cost. It has long been used only in the field of defense and commercial aviation and aerospace. It is a sophisticated technology. However, with the advancement of photoelectric technology, accelerometers have traditionally Development of quartz accelerometers and lighter weight MEMS accelerometers with smaller power consumption, easier assembly, and gyroscope development from initial mechanical and electromechanical gyroscopes to fiber optics, laser gyroscopes, MEMS gyroscopes, and MEMS Due to its low cost, low power consumption and small size, inertial sensors have opened up space for inertial navigation in commercial and civil markets.
According to the consulting report of Memes, the lightweight, low-cost features of MEMS sensors will increase the penetration rate of inertial navigation and civilian use. In the future, civilian inertial navigation products will be dominated by MEMS products. Taking MEMS inertial navigation as an example, in recent years, MEMS sensors are China maintains a growth rate of more than 15%. In 2017, China's MEMS sensor market is expected to reach 42 billion yuan; MEMS gyroscopes and MEMS accelerometers together account for about 30% of the MEMS sensor market, that is, the market scale of MEMS inertial measurement units will reach 6.2 billion yuan. The MEMS inertial navigation measurement unit accounts for about 30%-40% of the cost of the entire inertial navigation product. It can be calculated that the market scale of MEMS inertial navigation is about 315 to 42 billion yuan, and with the expansion and convention of MEMS applications The gradual penetration of products in the civilian commercial market, the future MEMS inertial navigation is expected to maintain rapid growth.
Faced with such a huge market, many inertial sensor manufacturers are exploring these new opportunities and actively cooperate with end users. However, inertial technology is highly confidential in Western developed countries because of its high barriers to technology and qualification certification. The military's core technology prohibits the export and transfer to China. At present, there are not many players currently able to do so. One is state-owned research institutes or enterprises, including 33 in China Aerospace, 13 in aerospace, and aerospace electronics. Etc. The other category is private enterprises with military background, including Naiwei Technology, Xi'an Sunrise, China Star Measurement and Control, Xingwang Yuda, etc. These privately-owned inertial navigation companies rely on years of research and development to accumulate technology level and state-owned enterprises. The gap is getting smaller and smaller.
Due to the broad prospects of the inertial navigation market, these companies are highly sought after by the capital market. These four privately-owned inertial navigation companies are currently listed on the market, and the securitization process is significant. In particular, Naiwei Technology Co., Ltd. had cash in 2015~2017. Millions to purchase 40.12% equity of Zhongda New Century Satellite Application Technology Co., Ltd., to acquire 98% of the world’s leading MEMS foundry company Silex Corporation and 100% of Beijing Ruitong Core Source to RMB 171 million with RMB 750 million. In cash, it acquired 41% of the equity of Beijing Laser Century Technology Co., Ltd., and acquired a 30.95% equity interest in Optics Valley for RMB 142 million. Through multiple financing acquisitions, it completed the upstream and downstream integration of the industry chain and quickly promoted it to the domestic inertial navigation industry. leading position.
Shanghai Beixun Information Technology Co., Ltd. (hereinafter referred to as Shanghai Beixun) technology also originates from military industry, including inertial navigation technology and integrated navigation technology with greater market demand. The company and domestic famous universities such as Shanghai Jiaotong University, Beihang University, Northwest Industrial University, Harbin Engineering University, etc., as well as aerospace, ships, weapons and other military research institutes cooperate closely, through inertial navigation, satellite, wheel speed, wireless, laser, vision, labels and other integrated navigation technology, providing outdoor, indoor, heaven and earth, underground , Underwater and other application scenarios for high-precision positioning and navigation. Applications include automotive, construction machinery, agricultural machinery, drones, robotics, railways, light rail, ships, factory warehouses, underground galleries and personnel and many other industries, and Can be customized development.
In view of the current smart driving/driverless car market, Shanghai Beixun is independently researching and developing a fiber-optic gyroscope and MEMS inertial system, combined with centimeter-level satellite positioning, wheel speed, camera, laser radar, and high-precision map to form a complete The integrated navigation subsystem provides a turnkey solution that greatly simplifies the development of smart driving/driverless vehicles. The position accuracy of this integrated navigation subsystem is up to centimeters, the accuracy of the direction angle is up to 0.1°, and the accuracy of the attitude angle is 0.03~0.5°. It can achieve the low price of high-volume car front loading, and achieve the perfect unity of high performance and low price through advanced integrated navigation technology.
In 2017, Shanghai Beixun received more and more consultations on inertial and integrated navigation requirements, and achieved good returns through the development of inertial and integrated navigation projects. It is expected that in 2018, the sales volume of products can exceed 5 million, according to the current market. Market and current company operations, annual sales can increase geometrically, exceed RMB 100 million in 2020, expect sales of RMB 3 billion after 5 years, and achieve public stock market listing. To accelerate the application of inertia and group and navigation, In response to the current booming market and the company's need for rapid growth in the future, Shanghai Beixun Information Technology Co., Ltd. currently plans to sell certain shares for financing.