China’s communications satellite producer GalaxySpace, automotive parts provider Mancando and parenting app DooLuu have raised new funding.
Private satellite startup GalaxySpace hits $704m valuation
Chinese communications satellite producer GalaxySpace has reached a valuation of over RMB5 billion ($704.82million) to become one of the most noticeable players in the country’s private aerospace industry after the company completed a new funding round.
