Recently, Shanghai Dahang Leap Aerospace Science and Technology Co., Ltd. (hereinafter referred to as "Dahang Leap") completed a billion yuan level of financing, this financingShenneng Chengyilead the cast,Tianchuang Capital,Baiyan Fund,Dangerous Peak EvergreenWell-known investorsMr. Zhang Chaocompleted together.

　　As the first domestic enterprise to develop a "chopstick holder" tower for recycling reusable liquid rockets,It will be officially put into operation in March 2024. It has assembled a group of high-level research and development teams led by academicians and consultants, and has completed a number of key technical problems: mainly including the construction of the "chopstick clamp" tower recovery verification platform, the development of the arrow-borne flight control computer-"flint 1" and the first domestic recovery tower controller-"flint. The financing will be used for the "chopstick clip" tower recovery test and the "jump" launch vehicle development.

Dahang Transition will deeply understand the meaning of "new productivity of commercial aerospace", uphold the engineer culture of "extreme focus and extreme innovation", build low-cost, highly reliable and reusable launch vehicles, support the country's large-scale constellation networking, low-cost freight transportation, deep space exploration and other space projects, and make unremitting efforts to realize the great rejuvenation of the Chinese nation.

Shareholder Message:

Mr. Zhao Kai, Chairman of Sheneng Chengyi, said:

As a new generation of commercial aerospace enterprises, Dahang Transition has been positioned to build large-diameter liquid rockets since its inception. The development path is clear, the team lineup is excellent, the tower recovery scheme is unique and efficient, and rich engineering experience has been accumulated to pave the way for development. As a demonstration platform for Shanghai's state-owned innovative investment, our team is optimistic about its potential in the domestic commercial aerospace development cycle, and looks forward to its common development with Shanghai's commercial aerospace industry chain.

Mr. Bao Cheng, Investment Director of Tianchuang Capital, said:

2023 is the turning point of commercial space. The large constellation plan defines the launch demand of commercial space, and all rocket companies are back on the same starting line. After the development of 2015-2023, China's liquid rocket industry has seen a supply chain boom. To narrow the gap between China and SpaceX, what China needs is not China's Musk, not China's SpaceX, but the strength of the entire industrial chain. Standing on the shoulders of the current Chinese rocket industry chain, we believe that the Great Airlines leap to focus on liquid recyclable rockets, no historical baggage, is a late-comer advantage. In addition, the core of rocket recovery is engine and control. The background of Dahang's founding team is control origin, which is very suitable for leading liquid recyclable rocket enterprises.

Dr. Xiong Yunhong, founding partner of Baiyan Fund, said:

Dahang leapfrogged with a lofty vision, standing at the new starting point of China's commercial space industry into the industrial iteration, drawing on global experience, and determined to push China's commercial recyclable rockets to new heights. They have gathered a rare strong team with rich experience in overall, power, launch, recovery, etc., fully relying on the industrial chain and local advantages, focusing on the most critical areas of bold innovation, is expected to create a more competitive large-scale multiple reusable rocket system. Baiyan Fund has long been concerned about and invested in the field of commercial aerospace, we will rely on the relevant industrial ecology, continue to empower the team, to help Dahang leap to realize the dream.

Xianfeng Evergreen said:

Aerospace is the most important weapon of the country, and the development of aerospace science and technology leads the scientific and technological progress of an era. As the pillar of industrial development, commercial aerospace undertakes the historical mission of reducing costs and increasing efficiency. We are optimistic about the ground capture and recovery rocket technology represented by the Dahang jump team. We attach equal importance to inheritance and innovation, carry forward the past, cross mountains and seas, and achieve the future!

Mr. Zhang Chao, a well-known investor, said:

In the era of great navigation, human beings moved from land to sea. In the era of great space, human beings will go from the earth to space. I am optimistic about the rocket team that is full of engineers and full of space dreams. I am willing to accompany them, focus on recovering rockets, focus on space exploration, and strive to turn human beings into interstellar species.