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Deep Blue Aerospace Secures $2 Billion Financing

September 24, 2026

1 min read

Key Takeaways

Deep Blue Aerospace secures nearly RMB 2 billion in financing.
Large-scale reusable rocket Nebula-2 set for 2027 maiden flight.
Nebula-2 features 11 Thunder RS engines in parallel for recovery.
Company focuses on recoverable technology for cost reduction.

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Strategic Implications

This investment may indicate growing confidence in China's commercial aerospace sector, with a focus on recoverable technology as a key path to cost reduction. The development of large-scale reusable rockets suggests a shift towards more efficient and sustainable launch capabilities, which could benefit the global space industry.

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What Happened

Chinese Firm Advances Large-Scale Reusable Rocket Program

Deep Blue Aerospace, a Chinese commercial aerospace firm, has secured nearly RMB 2 billion in financing to advance its large-scale reusable rocket program. The company’s Nebula-2 rocket, featuring 11 Thunder RS engines in parallel, is scheduled to make its maiden flight in 2027. With a focus on recoverable technology, Deep Blue Aerospace aims to reduce launch costs and improve efficiency. This development was first reported by 36Kr.

Source | Originally Published: September 24, 2026

Companies Mentioned