On October 13, an investor in the Deep Trade Interactive Platform asked Space Rainbow (002389.SZ): According to overseas authoritative media reports, the Saudi Air Force has purchased fifty ch7 invisible drones, the contract value of more than $3 billion, the contract also includes after-repair services and consumer parts, etc. Ask whether the order is true?
Aerospace Rainbow responded that the CH7 UAV is still under development.
Recently, there were also many investors on the interactive platform to ask about the development progress of the Rainbow-7. Space Rainbow said that the Rainbow-7 is currently advancing the engineering sample testing work, and is expected to complete all the development work in the fourth quarter of 2025, and then to market.
With regard to the potential of Rainbow drones in the Middle East market, the company has said that the Middle East is one of the core sales regions.The company's foreign trade product orders are currently at a high level, Rainbow 3, Rainbow 4, Rainbow 5 are the main sales product models overseas, enjoying a reputation in the international arms and trade market, its high price ratio, strong reliability, product technology ranked in the international first tier, comprehensive strength and international top level, with more than a dozen countries and regions such as Africa, the Middle East, Southeast Asia and otherining long-term cooperation relationships.
Aerospace Rainbow is a listed company controlled by the 11th Research Institute of China Aerospace Science and Technology Corporation, which is the development unit of Rainbow-7. As the "first unit of military drones", Aerospace Rainbow currently has two main businesses: special aircraft and new materials. According to official website data, the company has a drone product system that connects the "long, medium and near" range. As mature products with the most practical experience in my country, the "Rainbow" drone and the "Shooter" missile have reached the international advanced level in terms of technological innovation and design integration and product performance. In addition, the company's products have become a banner for my country's high-tech equipment military trade exports and a model for military trade to feed back domestic equipment construction.
The Rainbow-7 with highly invisible characteristics is very different in shape from other members of the Rainbow family, announced a full-size sample in 2018, and was presented for the first time in real air at the Pearl Harbor exhibition last year. According to the Central Video Network in May this year, the Rainbow-7 is based on advanced aerodynamic, invisible and control technology developed high-speed subsonic, high-survival drone system, can carry out continuous hidden reconnaissance and intelligence acquisition tasks in high-confrontation environments, provide target information for long-range combat weapons and other tasks, greatly improve information combat performance, to meet the demand for future symmetrical operations against high-end invisible drones. The drone has a maximum take-off weight of 8 tons,
Cao Ran, an expert from the Aerospace Science and Technology Group, previously said in an interview with the media that the Rainbow-7 is at the same level as the famous American RQ-180 stealth unmanned reconnaissance aircraft. The Rainbow-7 has room for further development in the future, including the forward deployment of low interception rate radars used by modern fighter jets to efficiently provide comprehensive information near the target area.
In recent years, China's drones have developed rapidly and are very competitive in the international market, and Saudi Arabia is very interested in this. As early as 2014, Saudi Arabia purchased the Rainbow-4 drone. The British "Jane's Defense" reported in March 2017 that Saudi Arabia and China Aerospace Science and Technology Corporation signed the "UAV Manufacturing Cooperation Agreement", including the introduction of Rainbow-5 drone production. Public reports show that Saudi Arabia signed a contract with China of nearly US$4 billion at last year's Zhuhai Air Show, mainly including 300 drones and their production lines.
At present, the company's products are mainly focused on future combat scenarios, and fully absorb the actual needs of domestic and foreign customers and local warfare experience, according to the "series, platformization, low cost" development thinking to carry out product transformation and new research, including the CH-7 high-altitude hidden drone, CH-10A large unmanned twist wing, AR series module bomb, large air cruise missiles and so on.
For the international market, the semi-annual report analysis said that the conflict in the international situation continues, and the performance of Chinese machinery and equipment in the India-Pakistan conflict is outstanding. Affected by this driving effect, the demand for China's drones and related products in many overseas countries is increasingly urgent, showing an accelerated growth trend. China is expanding its market with cost-effective equipment (such as drones, tanks, etc.), and the demand trend of related products is developing towards high cost performance, good cost-effectiveness and low cost. At the same time, the demand for customized products and services is constantly emerging, mainly concentrated in Asia and Africa. The military expenditure of many countries has entered a new round of expenditure period, the scale of the military drone market continues to rise, and my country's drone military trade export momentum is improving.
Investors have previously asked, the only hidden military drone company Ktos Korito Defense Company since the launch of XQ-58 hidden drone production research and development, the share price has increased by more than 500%, and the price of space rainbow fell by 40% from the high point in 2021.
From the financial data, the first half of the space rainbow operating revenue was 8.11 billion yuan, down by 20.43% in comparison; the net profit of the parent is 48.96 million yuan, down by 100.74% in comparison. during the reporting period, the company explained, mainly influenced by the fluctuations in the rate of delivery of drones, the delivery task is expected to be concentrated in the second half.