Core Insights - Beijing DQ Technology Co., Ltd. has completed a multi-million A2 round financing led by CITIC Capital, with existing shareholder Yida Capital also participating, to enhance testing and production capabilities [2][3] Company Overview - Established in February 2016, DQ Technology focuses on the research and manufacturing of high-power, high-density electric energy systems for aerospace applications, recognized as a "specialized, refined, distinctive, and innovative" enterprise in Beijing [3] - The core team comprises members from prestigious universities and institutions, with over 15 years of experience in aerospace high-power electric systems [3] Product Development - DQ Technology has achieved mass production of its 200kW turbine electric system and is in the delivery phase for its 300kW turbine electric system [4] - The company has completed technical validation for its air-cooled megawatt-level aviation power generation system, which is expected to be ready for delivery by the end of the year [4][6] Production Efficiency - By transitioning some outsourced production processes to in-house, DQ Technology has doubled its production efficiency and halved the production and delivery cycle [4][6] - The company is constructing a mass production factory, expected to be operational by the end of this year, which will significantly increase production capacity for both medium and high-power products [4][6] Market Applications - DQ Technology's products are being applied in various fields, including aerospace, emergency rescue, and special equipment [6] - The company has established partnerships with multiple eVTOL manufacturers to provide comprehensive high-power aviation hybrid electric propulsion system solutions [6][7] International Expansion - DQ Technology plans to participate in the Dubai Airshow in November, aiming to expand its overseas market presence [7] - The company has signed cooperation agreements with several international clients, anticipating a significant increase in overall order volume, which could lead to a doubling of revenue by 2026 [7]