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Start-up commercial aerospace enterprise Xinghe Power completed nearly 100 million yuan of "angel +" round financing

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Start-up commercial aerospace enterprise Xinghe Power completed nearly 100 million yuan of
On April 12, commercial aerospace company Xinghe Power (Beijing) announced that it had completed nearly 100 million yuan of angel plus round financing in January this year. The investors in this round are Anfran Capital, Kexin Capital and New Potential Energy Capital. This round of financing will be mainly used for production and delivery of vector solid motor, full rocket development of first launch rocket and development of reusable liquid oxygen kerosene engine. It is understood that the company plans to complete the launch of the "Three Stars with One Arrow" of the "Ceres I" Solid Launch Vehicle in March 2020. Star Power was founded in February 2018, is a private aerospace company engaged in low-cost, high-reliability commercial space launch business. The company's core team is formed by professional teams from the national space system, and generally has 10-20 years of first-line experience in aerospace models, with rich experience in research and development. This round of nearly 100 million yuan financing also represents the capital market's recognition of Xinghe Power Company's professional team, technical strength and development strategy. Star River Power Creation ____________
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