Spark Space completes tens of millions of angel and round financing, "Flame 2" first round of ignition test successful.

The reporter learned that Hefei Xinghuo Space Technology Co., Ltd. has completed tens of millions of angel round financing, with a total financing of over 100 million yuan. This round of financing was led by Xing Tai Capital, with Advantage Capital participating and existing shareholder Jinsha Capital continuing to invest. The funds raised in this round of financing will be used for the research and development of the company's electric cycle rocket engine, rocket products, talent cultivation, and the construction of production and test bases, accelerating the landing of electric cycle liquid carrier rocket technology. The reporter also learned that the "Flame-2" electric cycle rocket engine developed by the company has completed the first round of ignition tests. During the test, the engine ignited accurately according to the design sequence, and parameters such as ignition device, thrust chamber pressure, vibration, etc. were maintained stable and met the design expectations.