iSpace, a Chinese space launch company raises $173 million in the series B financing

Key Topics in this News Article:
News Snapshot:

February 14, 2021 HELSINKI- A private Space Launch Company from China dubbed iSpace has been able to raise $173 million in series B corpulent financing to support the development of a novel series of launch cars and recyclable metal ox engines. iSpace reported that the corpulent funding was steered by CICC Alpha, Beijing Financial Street Capital Operation Center, citic Securities, Taizhonghe Capital, and others, including the current stakeholders. The close to 1.2 billion Yuan of money will be used in the Hyperbola development, a series of launch vehicles, renewable liquid oxygen methane engines, as well as the production and talent…