Beijing Aiqi Technology Co., Ltd.

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Beijing Aiqi Technology Co., Ltd. - overview

Established

2013

Location

Beijing, -, China

Primary Industry

Consumer Products

About

Beijing Aiqi Technology Co. , Ltd. develops advanced technology solutions focusing on innovative products like defense systems and transportation vehicles, catering to both government and private sector needs. Founded in 2013 in Beijing, China, Beijing Aiqi Technology Co.


, Ltd. specializes in technology solutions including defense and aerospace applications. The company has engaged in four funding deals, raising a total of CNY 100 million during its Series A round, which took place in December 2018. The funding was acquired from investors such as Qianhai Ark Asset Management, Shenzhen Guozhong Venture Capital, and Volcanics Venture.


The CEO, Yang Zhang, leads the company, leveraging his expertise in technology management. Beijing Aiqi Technology Co. , Ltd. specializes in advanced technology solutions, primarily focusing on innovative products such as the Orion six-legged Titan, the Virgo transport vehicle, the Scorpio defense tower, the Aquila reconnaissance aircraft, and the Flying Fish shuttle.


These products are designed for various applications within defense and aerospace sectors, aiming to provide enhanced mobility, protection, and surveillance capabilities. The Orion Titan, for instance, is engineered for rugged terrains, while the Virgo transport vehicle offers logistical solutions for supply chain challenges in remote areas. The company targets a diverse client base, including government agencies, defense contractors, and private sector firms involved in security and transportation. Their products are marketed primarily in Asia and Europe, where there is a high demand for advanced defense technologies and innovative transportation solutions.


The revenue model of Beijing Aiqi Technology Co. , Ltd. is structured around direct sales and B2B partnerships, focusing on high-value contracts with governmental and corporate clients. Transactions typically involve bulk orders for their flagship products, such as the Orion Titan and Virgo transport vehicle, which cater to specialized needs in defense operations and logistics.


Clients engage in long-term contracts that may include service agreements for maintenance and upgrades, ensuring ongoing revenue streams for the company. Pricing strategies are tailored to reflect the advanced technology and specialized capabilities of their products, with negotiations often determining final pricing based on the scale and scope of contracts. This approach allows the company to establish strong relationships with key stakeholders while capturing significant market share in the defense sector. As part of its future growth strategy, Beijing Aiqi Technology Co.


, Ltd. plans to launch new products aimed at enhancing its portfolio in the defense sector. Recent funding from the Series A round, which raised CNY 100 million in December 2018, will be utilized to support research and development efforts for these upcoming innovations. Additionally, the company aims to expand its market reach into new regions including Southeast Asia and Europe, targeting completion of this expansion by 2023.


Current Investors

Qiming Venture Partners, Ping An Trust, Shunwei Capital

Primary Industry

Consumer Products

Sub Industries

Consumer Electronics

Website

www.iqi-inc.com

Verticals

Artificial Intelligence, Cloud Computing

Company Stage

Series A

Total Amount Raised

Subscriber access only

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