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A new Chinese rocket company has raised more than $100 million

One of China's newest launch startups has been raising serious amounts of money for its range of increasingly complex "Gravity" launch vehicles.Orienspace was founded in 2020 and announced itself last year after securing initial funding of $65 million, detailing plans for a series of rockets. The firm has just secured a further $47 million, the company announced in January, making it one of the most well-backed Chinese launch startups despite its youth.The company aims to launch its first rocket, Gravity 1, in 2023. Gravity 1 uses a combination of a liquid propellant core stage with simpler, solid propellant boosters. The 102-foot-long (31 meters) rocket is planned to be capable of launching 6,600 pounds (3,000 kilograms) to low Earth orbit, or LEO.Related: The latest news about China's space program ....

Zheng He , Galactic Energy , Shenjian Technology , Blue Aerospace , Haiyang City , Long March , China Rocket , Deep Blue Aerospace , Space Pioneer , Space Transportation , Ming Dynasty ,