Group 1 - Beijing Xinghe Power Aerospace Technology Co., Ltd. completed a D-round financing totaling 2.4 billion yuan, marking the second-highest single financing amount in China's commercial aerospace sector [1] - This financing is the highest single amount for a private rocket company in China to date, following a 6.7 billion yuan financing by a state-owned company [1] - The funds will primarily be used to accelerate the development and production of the "Zhishen" series of reusable liquid launch vehicles and the "Gushen II" medium-sized solid launch vehicle [1] Group 2 - Xinghe Power was founded in 2018 and provides aerospace launch services, equipment manufacturing, and systematic solutions in engineering, technology, safety, and system integration [2] - The company has completed 20 rocket launches, successfully launching 85 satellites for 27 commercial satellite clients, making it the private company with the most launches in China [2] - As of last year, the company's valuation increased from 9.2 billion yuan to 15 billion yuan, reflecting significant growth in the commercial aerospace sector [2] Group 3 - The commercial aerospace industry in China is characterized by a competitive landscape dominated by state-owned enterprises and a tiered structure of seven licensed private companies [3] - Future industry development will focus on low-cost, high-frequency, and large-capacity launches, leveraging reusable rocket technology and expanding infrastructure [3] - The industry aims to diversify into space tourism and in-orbit services, building a competitive commercial aerospace ecosystem [3]
24亿元!星河动力完成国内民营火箭企业最高单笔融资
Xin Lang Cai Jing·2025-09-29 01:40