Jita Aviation Technology completes nearly 100 million yuan Series A financing.

Recently, Ji Tai Aviation Technology Co., Ltd. completed its Series A financing round with a total amount of nearly 100 million RMB. The round was led by the existing shareholder Rongyi Investment, with joint investments from Suzhou Innovation Investment Group, Songhe Capital, and Wuchan Zhongda Investment. This funding will mainly be used for product research and development investments in the company's two major business lines of large aircraft avionics and low-altitude avionics, as well as for airworthiness certification and market expansion.