Recently, Beijing Weiguang Qihang Technology Co., Ltd. proudly announced the successful completion of its angel+ round financing, raising hundreds of millions of yuan. This round was co-led by Qifu Capital and Yichen Capital, with additional participation from Leaguer Capital. The newly acquired funds will be primarily allocated to expedite the engineering development of the all-carbon fiber reusable launch vehicle, “Weiguang-1,” and the full-flow liquid oxygen methane engine, “Huaguang-1.”

Weiguang Qihang has achieved a significant milestone by successfully manufacturing and validating China's first liquid oxygen methane carbon fiber co-bottom tank engineering component. This component employs a linerless T800-grade all-carbon fiber solution, resulting in a 30% reduction in structural weight and a 90% shortening of the production cycle. Moreover, its cost is merely 70% of that associated with traditional materials.