Deep Blue Aerospace said it has completed its B6 and B7 financing rounds, with the combined total coming to nearly 2 billion yuan. The company said the round drew support from industrial capital and professional investment firms, including Wuxi High-tech Zone State-owned Holding Group, Yida Capital, Baotong Technology, and Hongrun Construction. According to the announcement, the new funds will be directed toward research, development, and industrialization across the company’s two launch vehicle lines. Deep Blue Aerospace said it will continue development work on Nebula-1, its medium-sized reusable liquid launch vehicle, while also speeding up deeper R&D efforts for Nebula-2, a large reusable liquid launch vehicle.
Deep Blue Aerospace said it has completed its B6 and B7 financing rounds, with total funding reaching nearly 2 billion yuan.
The round attracted industrial capital and professional institutions, including Wuxi High-tech Zone State-owned Holding Group, Yida Capital, Baotong Technology, and Hongrun Construction.
The company said the proceeds will be used mainly for the R&D and industrialization of its two launch vehicle families. It will continue development work on Nebula-1, a medium-sized reusable liquid launch vehicle, and accelerate deeper R&D efforts on Nebula-2, a large reusable liquid launch vehicle.
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