Group 1 - Beijing Xinghe Power Aerospace Technology Co., Ltd. (Xinghe Power), Interstellar Glory Aerospace Technology Group Co., Ltd. (Interstellar Glory), and Jiangsu Tianbing Aerospace Technology Co., Ltd. (Tianbing Technology) have updated their IPO counseling progress [1] - Interstellar Glory plans to apply for an initial public offering (IPO) and listing on the Science and Technology Innovation Board, with Tianfeng Securities and CITIC Securities as counseling institutions [4] - Xinghe Power started its IPO counseling on October 23, 2025, and is the first private commercial rocket company in China to achieve mass production and high-density launches [5] Group 2 - Interstellar Glory, established in 2016, aims to provide launch services for the global small satellite market and began its IPO counseling on December 24, 2020 [5] - Tianbing Technology, founded in 2019, focuses on developing next-generation liquid rocket engines and medium to large liquid launch vehicles, starting its IPO counseling on October 17, 2025 [5] - On January 20, Xinghe Power announced the successful hot test of the main engine (CQ-90) for its large reusable launch vehicle, Zhishen-2, marking a significant milestone in its development [5][7]
商业航天加速！三家企业更新IPO进展，星河动力可重复使用火箭发动机试车成功
Sou Hu Cai Jing·2026-01-21 08:11