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JiuZhou Yunjian completes a new round of financing: focus on building reusable liquid oxygen methane rocket engines

(Summary description)Jiuzhou Yunjian (Beijing) Space Technology Co., Ltd. (hereinafter referred to as Jiuzhou Yunjian) completed a new round of financing. This round of financing was led by Beijing Zhongguancun Development Qihang Innovation Investment Fund (hereinafter referred to as Qihang Investment), and Yunhe Capital, Zhongguancun Development Group Golden Seed Fund, and Orui Capital participated in the investment. Before this round of financing, Kyushu Yunjian has received investment from investment institutions and industrial parties such as Runzhe Capital, Fengrui Capital, Yuhui and Tai Industrial Development Fund.

JiuZhou Yunjian completes a new round of financing: focus on building reusable liquid oxygen methane rocket engines

(Summary description)Jiuzhou Yunjian (Beijing) Space Technology Co., Ltd. (hereinafter referred to as Jiuzhou Yunjian) completed a new round of financing. This round of financing was led by Beijing Zhongguancun Development Qihang Innovation Investment Fund (hereinafter referred to as Qihang Investment), and Yunhe Capital, Zhongguancun Development Group Golden Seed Fund, and Orui Capital participated in the investment. Before this round of financing, Kyushu Yunjian has received investment from investment institutions and industrial parties such as Runzhe Capital, Fengrui Capital, Yuhui and Tai Industrial Development Fund.

  • Categories:Company News
  • Time of issue:2021-01-21 19:30
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JiuZhou Yunjian (Beijing) Space Technology Co., Ltd. (hereinafter referred to as Jiuzhou Yunjian) completed a new round of financing. This round of financing was led by Beijing Zhongguancun Development Qihang Innovation Investment Fund (hereinafter referred to as Qihang Investment), and Yunhe Capital, Zhongguancun Development Group Golden Seed Fund, and Orui Capital participated in the investment. Before this round of financing, Kyushu Yunjian has received investment from investment institutions and industrial parties such as Runzhe Capital, Fengrui Capital, Yuhui and Tai Industrial Development Fund.
JiuZhou Yunjian was established in 2017. It is a national high-tech enterprise integrating liquid rocket engine design and development, assembly testing, and supporting flight services. The company takes passion, innovation, professionalism, and efficiency as its development concept, focuses on rocket power as its development strategy, and takes the liquid oxygen methane engine that supports rocket recovery and reuse as the company's core product. At the same time, it derives ultra-low temperature based on cryogenic liquid rocket engine technology. , High-pressure pump valve products and combustion equipment products in various fields. At present, the company has formed a strategic layout of Beijing technology research and development center, Bengbu liquid rocket engine manufacturing base and testing base in Anhui.

 

 

JiuZhou Yunjian Liquid Oxygen Methane Engine Series
In the future, Kyushu Yunjian will continue to strengthen the company’s talent team building, optimize and improve product design, production, testing, and final assembly and general testing, increase product research and development investment, strengthen technical status management and quality control, and ensure that it is a two-type liquid rocket The delivery of engine products to customers provides a solid and powerful guarantee!

 

Liquid Oxygen Methane Engine Hot Test Bench Panoramic View

 

As the lead investor in this round, China Development Qihang Investment focuses on the new generation of information technology, biomedicine, aerospace technology, new energy and new materials, and smart manufacturing, and other high-tech industries supported by Beijing. Invested in star companies such as Yihuatong, Zhongshu Zhihui, Aiboche, Ang Ruiwei, Xinpai Electronics, Aotian Technology, Gengyu Muxing, etc.; Qihang Investment is based in the Zhongguancun National Independent Innovation Demonstration Zone, relying on the development of Zhongguancun The group's extensive government background and a complete ecosystem platform serving innovation and entrepreneurship provide strong support and value-added services for investment projects.
China Development Qihang Investment Lead Partner Ma Jianping said:
Aerospace technology is an important part of the next generation of information technology, and it is also the infrastructure required for the next generation of industrial upgrading. The construction of "space-ground integration" has promoted the development of small satellites, rocket launches, and downstream applications. At present, the capacity of carrier rockets is seriously in short supply, and the importance of "developing rockets, power first", a suitable engine product for the overall rocket is self-evident. Kyushu Yunjian is a team that can fight tough battles. It has formed the technical advantages of the deep variable thrust liquid oxygen methane engine in a short period of time. Combined with the domestic commercial aerospace market development rhythm, it has selected a pragmatic and reliable product iteration path that can meet the overall requirements. We are quite optimistic about the market demand of customers.
 Yunhe Capital founding partner Zhang Bo said:
With the rapid development of the satellite Internet industry, higher requirements are placed on rocket capacity. The core component of the rocket system, the rocket engine, will play an important role. Kyushu Yunjian has leading technical reserves in the field of rocket engines. The liquid oxygen methane route adopted is the latest trend. The variable thrust technology it has achieved can be compared with international companies and has great development potential. Yunhe Capital is positioned to invest in high-quality high-tech small and medium-sized enterprises in strategic emerging industries, and is committed to contributing to the country's scientific and technological progress. We will continue to support the development of Kyushu Yunjian.
Ge Yuan, Managing Director of Ori Capital, said:
China’s commercial aerospace industry, as a major power tool, was the first industry to face the Wassenaar Agreement, but the foundation of several generations of struggle has also created the field with the lowest degree of foreign dependence. With the rapid development of the country, the demand for launch vehicles and engines has grown rapidly. From the perspective of investors, the opportunity first comes from the release of the forces within the system by private enterprises, and secondly, the market-oriented mechanism can utilize the manufacturing and innovation capabilities of the world’s factories. In the long run, with the application of recycling technology and the substantial drop in costs The potential market will be activated. Maybe we will eventually face the fierce international competition in the future, but China's industrial base is no longer what it used to be. Commercial aerospace may not only be a sunrise track, it is also a technological highland in the future, and even a tool for the community of human destiny to explore the universe. For commercial aerospace, there are only stars and no sea in the distance.
2020 Kyushu Cloud Arrow made a major breakthrough
● Completed the R&D and production of two products, the "Lingyun" 10-ton liquid oxygen methane engine and the "Longyun" 70-ton liquid oxygen methane engine.
● The Anhui Intelligent Manufacturing Base and the Engine Test Center have been completed and put into use; the self-built double-station 100-ton low-temperature engine test bed provides a strong guarantee for the rapid iteration of engine development and product delivery.
● The total value of complete machine ordering contracts and intention purchase contracts signed with many commercial aerospace companies is nearly 100 million yuan; engine parts and components and technical achievement transformation products have served many domestic universities and military research institutes.

Kyushu Yunjian Liquid Oxygen Methane Engine Hot Test Run

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