SpaceTechNodeabout 1 hour ago
Yuanxin Satellite raises nearly RMB7 billion
1 min read
Yuanxin Satellite completed a financing round worth nearly RMB7 billion at a valuation of about RMB50 billion, below its earlier target of up to RMB75 billion. The company previously planned to raise as much as RMB15 billion for its satellite-internet network.
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