"Shanghai Xingyi Xinneng", a company specializing in space photovoltaic technology and nuclear-certified materials, has successfully concluded its Pre-A round of strategic financing. This financing endeavor witnessed collaborative investments from a consortium of industrial investors, including Junda Co., Ltd., Shanghai Future Industry Fund, Lingang Lanwan Capital, Nanxun Luyao, and the co-founder of Xinyang Semiconductor. Notably, Zhongke Shenguang, an existing shareholder, also opted to participate in this round, demonstrating continued confidence in the company's vision.
The capital raised will be strategically allocated towards technological enhancements, rigorous space environment testing, and on-orbit satellite verification processes. These initiatives are geared towards accelerating the commercialization trajectory of space perovskite photovoltaic cells and space-grade CPI flexible packaging substrate materials, marking a significant stride in the realm of space technology innovation.
