Chinese commercial satellite developer Chengdu Guoxing Aerospace Technology announced on Wednesday that it has raised nearly RMB100 million (US$14.46 million) in a series A round of financing led by the country’s residential real estate developer Vanke. The transaction, completed in January, took the valuation of the satellite start-up to almost RMB500 million (US$72.34 million). A […]

Chinese Commercial Satellite Start-Up Guoxing Aerospace Closes $14M Series A Round comes originally from China Money Network. All Rights Reserved.