China’s Space Pioneer Raises $207M

Beijing-based Space Pioneer is among the most prominent of China’s private-sector rocket developers.

Credit: Tomas Griger / Alamy Stock Photo; elements of this image furnished by NASA
Space Pioneer, a Beijing-based rocket developer, said on June 6 that it had raised more than RMB1.5 billion ($207 million) that will be used to finance the first flight and mass production of its Tianlong-3 rocket. Since its founding in 2019, Space Pioneer has raised more than $552.1 million over 15...
Matthew Fulco

Matthew Fulco is Business Editor for Aviation Week, focusing on commercial aerospace and defense.

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