Lansing Light Space (Shanghai) Aerospace Technology Co., Ltd. has recently declared the successful closure of its Series C financing round, raising close to 500 million yuan. The investor lineup features Yuekai Capital, Galaxy Innovation Capital, Suzhou Innovation Investment, Saizhibole, and Hangzhou Financial Holdings, while Yiwei Capital has been engaged as the long-standing financial consultant. The majority of the raised funds will be earmarked for capacity augmentation and the iterative development of product R&D. A production line enhancement is also in the pipeline, aiming to attain a manufacturing capacity of one thousand units by the first half of 2026.
