ArrowArtboardCreated with Sketch.Title ChevronTitle ChevronIcon FacebookIcon LinkedinIcon Mail ContactPath LayerIcon MailPositive ArrowIcon PrintIcon Twitter

China reusable rocket startup secures $31m in Series A round

Jiangsu DBA plans to follow SpaceX into commercial space

Jiangsu Deep Blue Aerospace Technology is developing reusable liquid-fuel rockets with an eye on launching commercial payloads. (Photo courtesy of the company)

BEIJING -- Chinese rocket startup Jiangsu Deep Blue Aerospace Technology has raised about 200 million yuan ($31 million) from Zhencheng Capital, DT Capital Partners and other investors in a Series A funding round.

Sponsored Content

About Sponsored Content This content was commissioned by Nikkei's Global Business Bureau.

Nikkei Asian Review, now known as Nikkei Asia, will be the voice of the Asian Century.

Celebrate our next chapter
Free access for everyone - Sep. 30

Find out more