One year after its establishment, it has obtained three consecutive rounds of investment from the institution.
Recently, Tianbing Technology announced that it has completed a Pre-A round of financing of more than 100 million yuan in March 2020. This round of financing was led by Zhejiang University Lianchuang, followed by Inno Angel and Eagle Fund. It is reported that This round of funds will mainly be used to complete the “Tianhuo” series HCP rocket engine full system hot test run and the “Tianlong” series liquid carrier rocket development and talent Team building and other aspects.
Tianbing Technology is a private enterprise that independently develops room temperature green HCP liquid propellant, HCP rocket engine, and HCP launch rocket. Since its establishment in 2019, it has completed hundreds of millions of RMB financing.
Up to now, Tianbing Technology has completed the prototype ignition test of the HCP liquid rocket engine principle, the “Tianhuo 1” liquid rocket engine full system thermal test, the pulse hot test, and the “Tianhuo 2” liquid rocket engine. System hot test run, “Tianhuo 3” liquid engine ignition device hot test run, “Tianlong 1” liquid launch vehicle overall program demonstration and stand-alone type selection work.
It is reported that according to the plan in the first half of 2020, Tianbing Technology will complete the development and commissioning of the 30-ton thrust HCP liquid rocket engine of “Tianhuo 3” and large-scale ground tests, and launch the “Tianhuo 3” liquid in mid-2020 Rocket engine full system hot test run.
For the team, the core technicians of Tianbing Technology are from China Aerospace Science and Technology Corporation, China Aerospace Science and Industry Corporation and other national military industrial groups, of which chief designers and above account for 42%, researchers account for 43%, and doctors and above account for More than 32%, master accounted for 68%, both graduated from 985 and military industry group colleges and universities, with a total of hundreds of defense patents and hundreds of academic achievements in the past, with decades of experience and engineering in the development of carrier rockets and aerospace propulsion systems Management experience. The company’s product model is led by the long-term rocket chief designer, manned aerospace command and other leading talents to lead scientific research and production tasks.
In the field of private commercial aerospace, there are commercial rockets such as Blue Arrow Aerospace, Interstellar Glory, Zero One Space, as well as rocket engine R & D companies such as aerospace propulsion and aerospace engines.