Domestic commercial rocket Unicorn Star Glory Aerospace Technology Group Co., Ltd. has recently completed the E-round financing of nearly 1 billion yuan of funds. The investors in this round are mainly banks and AIC institutions, and the overall E-round fund-raising work continues. According to information, the funds raised in the E round will focus on four core sectors: development and batch production of the Hyperbola 3 reusable launch vehicle, production capacity construction of the Focus 2 liquid oxygen methane engine, supporting projects for launch and offshore recycling, and pre-research on heavy launch vehicle technology. The funding will accelerate the first flight process of the main recyclable liquid rocket, reduce orbital launch costs, and provide stable, high-frequency, and cost-effective commercial launch services for various constellation operators at home and abroad. (Science and Technology Innovation Board Daily)

Domestic commercial rocket Unicorn Star Glory Aerospace Technology Group Co., Ltd. has recently completed the E-round financing of nearly 1 billion yuan of funds. The investors in this round are mainly banks and AIC institutions, and the overall E-round fund-raising work continues. According to information, the funds raised in the E round will focus on four core sectors: development and batch production of the Hyperbola 3 reusable launch vehicle, production capacity construction of the Focus 2 liquid oxygen methane engine, supporting projects for launch and offshore recycling, and pre-research on heavy launch vehicle technology. The funding will accelerate the first flight process of the main recyclable liquid rocket, reduce orbital launch costs, and provide stable, high-frequency, and cost-effective commercial launch services for various constellation operators at home and abroad. (Science and Technology Innovation Board Daily)