Z-Sat is a microsatellite by Mitsubishi Heavy Industries that was launched in 2021. It is a demonstrator for multi-wavelength infrared Earth observation technologies. It carries an amateur radio payload that was coordinated by IARU and which consists of a BBS (bulletin board system) with a 145.875 MHz downlink and 435.480 MHz uplink. I have not been able to find more information about the amateur radio payload on this satellite.
Recently, Daniel Ekman SA2KNG asked me to analyze some transmissions by this satellite. Apparently it has recently begun to transmit a digital modulation, as shown in this SatNOGS observation, while it typically had transmitted CW telemetry in the past. The point where this started appears to be on 2025-06-20, as there is a SatNOGS observation of CW telemetry on that day followed by an observation of the digital modulation. In this post I analyze this digital modulation and explain what it is.