Home > > Chinese hypersonic spaceplane company raises $46 million

Chinese hypersonic spaceplane company raises $46 million

08/11/2021| 3:39:51 PM|

A first “global” hypersonic vehicle flight is slated for 2028.

Chinese firm Space Transportation raised more than $46.3 million for its hypersonic spaceplane plans in a new funding round announced Monday.

Space Transportation, full name Beijing Lingkong Tianxing Technology Co., Ltd., completed its third round of financing, securing more than 300 million yuan, according to a press release. 

The funds will be used for development of commercial suborbital and hypersonic vehicles, with Space Transportation setting out a 10-year roadmap for development of its reusable vehicles. The company plans various large-scale technology verification flights through 2022 and aims for a first flight of a suborbital space tourism vehicle prototype in 2023, followed by a first crewed test in 2025.

A first “global” hypersonic vehicle flight is slated for 2028, with a full-scale global hypersonic vehicle flight will take place in 2030. 

Read original article

TAGS: Space Transportation | hypersonic spaceplane
©2021 广州力矩资讯科技有限公司 粤ICP备06070077号
Tell us more about yourself!