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Rocketpi

SECTOR
Spaceflight

Commercial Aerospace, Advanced Manufacturing, Space Technology, Microgravity Research, Satellite Development

Rocketpi is a leading Chinese aerospace company, exemplifying the integration of rockets and satellites, and a frontrunner in the commercial space sector 2.0. The company upgrades rocket and spacecraft manufacturing with advanced industrial principles and serves clients with modern service industry concepts. Centered on its core competency in launch vehicles, Rocketpi makes microgravity environments accessible, creating a commercial loop by "upgrading terrestrial industries through space."

Rocketpi's key products include small liquid launch rockets, high-thrust electric pump engines, and re-usable satellites. Its "Seed One," the first commercial space biological payload in China, successfully launched on December 17, 2021. The "Torch One," China's inaugural commercial space life science satellite, followed with a successful launch on December 9, 2022. The first liquid-fueled rocket, "Dar One," is slated for its maiden flight in 2025.

The Rocketpi technical team is led by international aerospace expert Fangyuan Zhuang and former member of the Science and Technology Committee of the China Aerospace Science and Technology Corporation, Changning Min. The rocket team's subsystem positions are nearly fully staffed. In collaboration with attorney Mingruo Zhang's team, a partner in equity design with Xiaomi Corporation, Rocketpi has implemented an "Employee Stock Ownership Plan," with the first phase of employee stock distribution completed.

Key Info

Active

Investment Date: 

June 22, 2021

Investing Valuation

$ 30,000,000

Investment Multiple:

5

Public Listed:

Private

Crunchbase:

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