What Happened
Ruiqi Deep Space Raises Funds to Commercialize Remote Sensing Data
Ruiqi Deep Space Technology has completed an angel+ round of financing exceeding 100 million yuan, led by Soochow Innovation, with participation from several institutions. The funds will be used for satellite R&D, launch, and commercial delivery, as the company aims to commercialize remote sensing data as intelligence. With a total accumulated financing amount of nearly 350 million yuan, Ruiqi Deep Space is poised to become a major player in the commercial aerospace industry. This development was first reported by 36Kr.