Aerospace Yuxing completes a Series D financing round of nearly 2 billion yuan.

According to Wanchuang Investment Bank, recently, aerospace measurement and control, and on-orbit service integrated solution provider Aerospace Yuxing officially announced the completion of Series D, D+, and D++ financing rounds, raising a total of nearly 2 billion yuan. The funding was participated in by well-known industry capital and leading institutions including Sequoia China, Qianhai Ark, Unicom Zhanzhong, Zijin Mining, Zhongbao Investment, SAIC Group, Wuliangye, Nasda, PwC Capital, Xiaomiao Langcheng, Saina Capital, Huaan Jiaye, and Jinyan Capital. As of now, Aerospace Yuxing has established a global satellite ground station network including more than 60 ground stations and a comprehensive calibration field, having served a total of 684 satellites and rockets.