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Chinese launch startup Orienspace raises $59.9 million in Series A round

Written by  Andrew Jones Friday, 20 May 2022 07:16
An illustration of the Orienspace "Gravity-1" launch vehicle on a sea launch platform.

Chinese launch vehicle developer Orienspace has raised $59.9 million in a Series A funding round, which the company says it will use for a first rocket launch and new engine development.