Orient Space is a commercial aerospace technology company. Its business scope includes geographic remote sensing information services, satellite remote sensing system application system integration, satellite navigation services, satellite communication services, aerospace engine R&D and manufacturing, rocket launch equipment R&D and manufacturing, etc. Recently, it has completed the A round of financing of 400 million yuan. This round of financing was led by Shanxing Capital, followed by CMBC International, Mihayou, Xinghan Capital, Yuanjing Capital, Zhichun Capital, Yuanhe Yuandian, Fanzhuo Capital, etc., old shareholders Dinghe Gundam, Tianfu Sanjiang Capital and other institutions Continued support, Fanzhuo Capital acted as financial advisor. This round of financing will be used for the development and first flight of the “Gravity-1” medium-sized launch vehicle, while accelerating the development of a 100-ton reusable liquid oxygen and kerosene rocket engine.
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