Taibo Network News: Dongfang Space, a civil and commercial rocket company, recently completed a new round of financing.
According to Qichacha, Dongfang Space recently received hundreds of millions of yuan in B+round financing from Tai'an Hongtai Future Industry Fund, which is mainly used to support the subsequent research and production of the "Gravity II" rocket. Former co-founder of Oriental Space, Yao Song, has withdrawn from the company and will no longer serve as a director. In addition, the company has added 5 directors including Zheng Zhilin, Zang Qing, Xu Guoguang, Peng Weibin, and Liu Liqun, as well as 3 supervisors including Mi Hong, Yue Kaikai, and Xue Yafei.
Taibo Network learned that Yao Song has returned to the AI industry again after friendly negotiations with Dongfang Space.
According to public information, the "Gravity II" medium liquid launch vehicle will undergo comprehensive ground verification and plans to conduct its first flight test by the end of the year.
As of now, the ultimate beneficial shares of Peng Haomin, co-founder and vice president of Oriental Space, have decreased from 48.2908% to 41.4645%. Beijing Tianyi Fuhou Enterprise Management Partnership (Limited Partnership), Chengdu Yuanhe Yuanyuan Venture Capital Partnership (Limited Partnership), Beijing Zimu Investment Consulting Co., Ltd., and Tai'an Hongtai Future Industry Fund have jointly become new shareholders of the company.
