36Kr Exclusive｜First domestic commercial aerospace company to implement "chopstick clamp" tower recovery technology completes 500 million yuan financing
Shanghai Dahang Yueqian Aerospace Technology Co., Ltd. has secured 500 million yuan in funding to accelerate the development and maiden flight of its "Yueqian-1" reusable launch vehicle. The company is pioneering the "chopsticks-like" tower capture recovery technology in China, a method similar to SpaceX's, which significantly reduces structural weight and cost per use compared to traditional landing legs. The raised capital will also support the development of a 100-ton-class liquid oxygen methane engine and the company's self-developed flight control system, aiming for a 2027 maiden flight. AI
IMPACT Accelerates development of reusable launch vehicles, potentially lowering satellite deployment costs.