Shulou(Shulou.com)11/24 Report--

CTOnews.com October 25 news, Beijing Tianbing Technology Co., Ltd. announced the completion of hundreds of millions of yuan C + round financing. According to reports, this round of financing is the 12th round of financing of the company, led by CITIC Construction Investment, followed by CCTV Fund, Deyue Investment, Hongfu assets, Suzhou Capital Management, first Development Venture Capital and other institutions. At present, the company has received a total of more than 3 billion yuan in financial support.

The official also revealed that this round of funds will be used for the mass production of the Tianlong-2 medium liquid rocket that successfully flew for the first time, as well as the research and development of the Tianlong-3 large liquid carrier rocket and engine, and the research and development of the first flight, the key test of the recyclable and reuse technology, the construction of the special launch station for the Tianlong-3, the building of the mass production capacity, and the improvement of the talent team.

Tianbing Science and Technology pointed out that the Tianlong-3 large liquid carrier rocket is tailor-made for China's satellite Internet infrastructure construction. The product performance is comparable to the standard SpaceX Falcon 9 rocket, with a diameter of 3.8m, a takeoff mass of 590t, a Leo capacity of 17t and a SSO capacity of 14t.

CTOnews.com Note: Falcon 9 is a medium-sized two-stage orbit launch vehicle series designed and manufactured by SpaceX, named after the Millennium Falcon in the Star Wars series and nine engines in the first stage. The active Falcon 9 Block 5 is able to launch a 22.8t payload into low Earth orbit and 8.3t payload into geosynchronously transferred orbit without recovering the first stage booster.

According to reports, the Tianlong-3, which uses a high-thrust and reusable liquid rocket engine, will take the lead in realizing the group fighting capability of more than 30 stars in China, and meet the "low-cost, high-reliability, and high-frequency" launch needs of the satellite Internet.

At present, the rocket has completed product design and production, is carrying out ground test verification, and plans to complete the first flight of the rocket in the first half of 2024, with a commercial launch capacity of more than 30 rounds a year within three years after the first flight.

Tianbing Science and Technology also said that in the next few years, it will take the recovery and reuse technology of liquid carrier rockets as the core, and focus deeply on the main products such as large and heavy liquid carrier rockets and space shuttle manned spacecraft, so as to achieve comprehensive breakthroughs in technology and products.

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