Galactic Energy, a Chinese private space launch firm, announced Sunday that it had completed its Series B and B+ rounds of financing totaling 1.27 billion yuan ($200.6 billion).
Jiangsu Deep Blue Aerospace Technology Co., Ltd., a high-tech commercial aerospace enterprise providing commercial launch services, on Tuesday completed an A round of financing worth nearly 200 million yuan ($31.5 million).
Wu Yanhua, Deputy Director of the China National Space Administration (CNSA), unveiled that there are still several, multi-purpose carrier rockets under development.
China launched its CERES-1 Y2 carrier rocket designed for commercial use from the Jiuquan Satellite Launch Center in northwest China Tuesday.
At thirty minutes past midnight in the early hours of Friday, China added another active component to its expanding line of satellites orbiting the earth with the successful launch of its Zhongxing-2E mission.
Debris from a huge rocket that launched the core module of China’s first permanent space station into orbit last week is reportedly tumbling back to Earth and could make an uncontrolled re-entry through the atmosphere this weekend. The landing place is currently unknown.
China's new carrier rocket Long March 8 made its first flight on Tuesday at 12:37 p.m. (Beijing Time) from the Wenchang Spacecraft Launch Site in Hainan, sending five satellites into planned orbit.
China has successfully launched the Chang’e-5 space mission to collect lunar samples, making it the third country in the world to make such an attempt.
At 11:02 on Thursday, the Kuaizhou-1A Carrier Rocket named “Kuaizhou • Fuqiangfu” (rich, strong and blessed in Chinese) was launched at the Jiuquan Satellite Launch Center.
A 15-tonne oxygen rich methane-fueled rocket engine by Chinese aerospace manufacturer iSpace completed a long-range 500-second test in Beijing on December 25.
Chinese carrier rocket Long March-5 Y3 is set to be launched this week and has been transported to the launch area, Wenchang Space Launch Center, Hainan this past Saturday.
LandSpace, a Beijing-based private space launch company founded by Tsinghua University, completed its Series C round of financing to the tune of $71 million.
LandSpace conducted a long-range trial of the variable thrust on its liquid oxygen methane engine TQ-12, which can be used for the recovery of reusable rockets, on October 26.
GalaxySpace, a private Chinese satellite constellation provider, has finished another round of financing led by JIC Technology Investment on September 16.
Chinese private space startup LinkSpace completed its third test of a reusable rocket in Qinghai province on Aug. 10, pushing China one step further in the reusable rocket industry as well as affordable space launches.