Author: Zhang dedication.
The spread of the epidemic globally has prevented people from traveling, but has not stopped people from exploring space.
Recently, there has been news about space. On March 9th, the Long March No. 3 “Beidou Special Train” ignited and escorted the 54th Beidou satellite successfully into orbit, leaving Beidou’s global network only one step away. One day later, the Beijing Aerospace Flight Control Center completed the wireless joint test of China’s first Mars exploration mission.
On the other side of the ocean, according to a media report on March 10, SpaceX, a subsidiary of Musk, received another 500 million US dollars in new financing, resulting in the company’s valuation reaching 36 billion US dollars.
The impact of the epidemic on global supply chains has caused investment institutions to rethink the value of cutting-edge technology. This kind of more autonomous high-tech projects seems to be more able to withstand the irresistible risks of the outside world.
Commercial aerospace is the first “Internet celebrity” project in the new wave of “hard technology” entrepreneurship in China that has entered the capital and public vision.
Chinese investment agencies ’focus on commercial aerospace began in 2015. In the following three years, the fierce decade of mobile Internet took the lead in the cold winter. Venture capital institutions in the TMT industry have begun to turn their attention to hard-core technology. Compared with boring high-end manufacturing, professionally subdivided materials science, and sensitive and low-key military projects, commercial aerospace, which has both a technical gold content and a news topic, has a “net red” temperament.
In 2018, commercial aerospace has also entered a downward phase in the context of generally “lack of money” in capital. According to statistics from Future Aerospace Research Institute, in 2018, a total of 36 investment and financing transactions occurred in unlisted commercial aerospace companies, with a total annual financing of more than 2.16 billion yuan.
In 2019, the total amount of financing disclosed by the entire industry was 1.9 billion yuan, a slight decrease from 2018. However, the situation behind this data is quietly changing-the number of financing projects has decreased significantly, the proportion of Pre-A rounds to B rounds has increased, and funds have clearly gathered to the head companies.
According to Titanium Think Tank, behind the 1.9 billion disclosed amount, the actual arrival situation is not as optimistic as the public report, and the additional terms behind the investment are much harsher than before.