China's Space Pioneer raises $207m for Tianlong-3 reusable rocket development, targeting first flight in April 2023.

China's Space Pioneer, a private rocket developer, has raised $207m in funding to develop reusable rockets, including the Tianlong-3, aiming for a first flight in April 2023. The Beijing-based company, established in 2019, has raised over $1.6bn in total for its rocket development efforts and aims to decrease mission costs for clients through reusability, as demonstrated by SpaceX's Falcon 9.

June 06, 2024
3 Articles