Jianyuan Technology has completed Series B financing.

Commercial space enterprise Jiayuan Technology announces that it has recently completed Series B funding involving several leading market institutions. After this financing, Jiayuan Technology officially enters the stage of scaled development. The company’s three “Yuanxingzhe No. 1” rockets, which are already in production, will undergo ground testing successively in the second half of the year, aiming for a successful “first flight into orbit + recovery” by the end of the year. (Science and Technology Innovation Board Daily)