Orienspace

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Orienspace Technology (Shandong) Co., Ltd (Orienspace for short) is a commercial aerospace enterprise in China founded in 2020. The company designs and manufactures Gravity Series launch vehicles and Force Series rocket engines. Gravity-1 will make its maiden flight by the end of 2023, and it is able to carry 6.5-ton-payload to the LEO, allowing for deploying large-scale satellite constellation; Gravity-2 is a recoverable medium-lift rocket with a payload mass of 15 tons to LEO, supporting large-sized satellite constellation deployment and satellite launches to higher orbits such as MEO and LTO.[1]

Orienspace is headquartered in Shandong Province, where an AIT[clarification needed] center is being built for future assembly and tests.[2]

The company also established an R&D center in Beijing Office and a headquarters of aerospace propulsion technology in Wuxi, Jiangsu Province.[3]

By October 2023, Orienspace has raised four rounds of financing, totalling over 150 million USD.[4]

References[]

  1. ^ Jones, Andrew (2022-05-20). "Chinese launch startup Orienspace raises $59.9 million in Series A round". SpaceNews. Retrieved 2023-10-17.
  2. ^ "Chinese Rocket Newbie Orien Space Bags USD47.3 Million in Pre-A Round". www.yicaiglobal.com. Retrieved 2023-10-17.
  3. ^ "China's OrienSpace could be valued at $823 million in new fundraising -sources". Reuters. 2023-08-22. Retrieved 2023-10-17.
  4. ^ Jones, Andrew (2022-02-13). "A new Chinese rocket company has raised more than $100 million". Space.com. Retrieved 2023-10-17.

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