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Jiuzhou Yunjian completes a new round of tens of millions of financing

  • Categories:News Center
  • Time of issue:2020-07-06 17:19

(Summary description)In January 2019, Jiuzhou Yunjian completed a new round of tens of millions of financing, and angel round investor Fengrui capital continued to increase its holdings. This round of financing will be used for company construction and R & D of liquid rocket engine and liquid power system.

Jiuzhou Yunjian completes a new round of tens of millions of financing

(Summary description)In January 2019, Jiuzhou Yunjian completed a new round of tens of millions of financing, and angel round investor Fengrui capital continued to increase its holdings. This round of financing will be used for company construction and R & D of liquid rocket engine and liquid power system.

  • Categories:News Center
  • Time of issue:2020-07-06 17:19
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In January 2019, Kyushu Yunjian completed a new round of tens of millions of financing, and the angel round investor Fangfengrui Capital continued to support it. This round of financing will be used for company construction and the research and development of liquid rocket engines and liquid power systems.

Li Feng, a well-known investor and founding partner of Fengrui Capital, said:
"Because of the investment in the Kyushu Cloud Arrow Angel Wheel, we have the opportunity to understand this team, this industry and this direction. Everyone knows that in the past year or two, the so-called commercial rocket-related companies have mainly benchmarked SpaceX. It has become very hot and popular in the financing market. In fact, from the perspective of our understanding and learning process, the development of the commercial rocket market takes time to accumulate. At the same time, in the entire commercial composition of rockets and satellites, the most What is important is actually the engine's research and development capabilities, success rate, technological advancement, the overall coordination between the engine and the rocket, and the recyclability and cost reduction.
For companies starting in this direction, we think the most important things are the following two points: The first is to have enough experience in all aspects of rockets and engines, because this will involve various key technologies. Whether the link can effectively break through. The second is to have successful experience in the relevant professional and technical directions of the engine, even including failure experience. Kyushu Yunjian has been in contact for more than a year in the past. We have seen a very complete team in all key technical directions of liquid rocket engines, and the team members have long-term industry experience. Both the age composition and the relationship have been mutually recognized and have been with each other for many years. In this matter, we also believe that they should be, and have proven that they are in the field of commercial aerospace, in the most critical technical link of liquid rocket engines, so far the most leading team in terms of results and progress. This is the main reason why we are willing to continue investing. In addition, as an early investor, among the startup companies we have invested in, Kyushu Yunjian is one of the best teams in terms of hard work, hard work, and unity. "
This round of financing reflects the trust and support of the old shareholders of the Angel Wheel to Kyushu Yunjian, and also reflects the investors' affirmation of Kyushu Yunjian's core technology and pragmatic spirit. As a private commercial aerospace company established in 2017, Kyushu Yunjian adheres to the corporate culture of “passion, innovation, professionalism, and efficiency” and focuses on the development of liquid oxygen methane engines for commercial launch vehicles. It has been established for more than one year since its establishment. The R&D and testing of all assembly-level products of Lingyun liquid rocket engine (12t thrust) have been completed successively. The first turbopump test assessment for China's commercial aerospace completed in January 2019 indicates that Lingyun engine has broken through all key technologies. Enter the final assembly test stage.
Standing at a new starting point, with the support and help of shareholders and colleagues from all walks of life, Kyushu Yunjian will continue to optimize and improve all aspects of product design, production, testing, and final assembly, and strengthen technical status management and quality control. , To ensure faster and better production of liquid rocket engine R&D business and related supporting products. Kyushu people will continue to work hard as always, give full play to their strengths, and strive to become a liquid power company serving the global commercial aerospace market, becoming a useful supplement to China's aerospace and making China's contribution to mankind's exploration of space.

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