On the morning of May 20, Dongfang space (Shandong) Technology Co., Ltd. announced that it had completed a round of financing of 400 million yuan. This round of financing is led by Shanhang capital, followed by minyin international, MIHA tour, Xinghan capital, Yuanjing capital, Zhichun capital, Yuanhe origin, Fanzhuo capital, and continuously supported by old shareholders DINGHE GAODA, Tianfu Sanjiang capital and other institutions. Fanzhuo capital acted as financial advisor in this round of financing.
This round of financing will be used for the development and first flight of "gravity-1" medium carrier rocket, and accelerate the development of 100 ton reusable liquid oxygen kerosene rocket engine. Oriental space adheres to the principle of "carrying out the design to the end and the production to the end", and will further strengthen the construction of supporting infrastructure for research and development, so as to realize the closed loop of R & D, test and manufacturing.
For this round of financing, Zhu Sixing, a partner of Shanhang capital, said: "in the coming decades, the pace of human exploration of space will accelerate again. Unlike the 1960s and 1970s, this time China is one of the world leaders duty bound, and the most important thing is the carrying capacity. We are very optimistic about the positioning and role of Oriental space in it, based on the east of the world and exploring space." (Liu Na)