Star Shuttle Technology has completed tens of millions of yuan in angel round financing.

On August 21, XingSuo Technology Co., Ltd. announced that it had completed tens of millions of yuan in angel round financing, which was led by a domestic industry investor. The funds raised in this round will be used for talent introduction, continuous research on core technology, research and development of the first engine and rocket, and to accelerate the development process of its core products - the next-generation liquid oxygen methane heavy reusable launch vehicle "Glacier-1" and the full-flow staged combustion cycle engine "Mammoth-1".