Interstellar Glory completes the first batch of funds delivery of 700 million yuan in Series D financing.

Recently, the Interstellar Glory Aerospace Technology Group Co., Ltd. completed the first batch of D+ round financing with a total of 700 million yuan. This round of financing was led by the Chengdu Major Industrialization Project Phase II Equity Investment Fund Limited Company under Chengdu Advanced Capital, with co-investment from funds under Chengdu Airport Innovation and Entrepreneurship Investment Limited Company and Chengdu Yingyuan Private Equity Fund Management Co., Ltd. The raised funds will be mainly used for the research and development of the Hyperbola-3 reusable launch vehicle, the construction of a rocket production base in Shuangliu District of Chengdu, and the construction of an engine production line in Fucheng District of Mianyang City.