
Shaanxi Tianhui Aviation Technology
A commercial aerospace power research and development company with leading domestic technology.
Date | Investors | Amount | Round |
---|---|---|---|
* | CNY100m | Series A | |
Total Funding | 000k |
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Space Circling operates in the commercial space industry, focusing on providing innovative solutions for global commercial launches. The company has successfully developed and tested its Xiaolong One rocket, which completed a full air ignition test, marking a significant milestone in their technological advancements. Space Circling serves clients in the commercial space sector, including governmental and private entities looking to launch payloads into space. The company operates in a highly competitive market, characterized by rapid technological advancements and significant capital investments.
Space Circling's business model revolves around offering launch services and developing space return technology, which allows for the recovery and reuse of space vehicles, thereby reducing costs and increasing efficiency. The company generates revenue through contracts with clients who require reliable and cost-effective launch solutions. Additionally, Space Circling has formed strategic partnerships, such as the one with Xianxi Sky Court and the Xian City Talent Fund, to bolster its market position and drive innovation.
The company recently completed a successful round of financing, which will support its ongoing projects and future growth. Space Circling's commitment to excellence is evident through its annual recognition conferences, where achievements are celebrated, and future goals are set.
Keywords: commercial space, launch services, Xiaolong One, space return technology, innovation, strategic partnerships, financing, technological advancements, cost-effective, market growth.