On September 16, Beijing Tianbing Technology Co., Ltd. (hereinafter referred to as “Tianbing technology”) announced the completion of a round of financing with hundreds of millions of yuan. This round of financing will be mainly used to complete the whole system hot test of “Tianhuo” series HCP (composite hydrocarbon propellant) rocket engine, the first flight commissioning of Tianlong series liquid launch vehicles and the construction of talent team. < p > < p > Tianbing technology was founded in January 2019 and headquartered in Yizhuang Economic and Technological Development Zone, Beijing. In March this year, Tianbing technology completed the pre-A round of financing of more than 100 million yuan, led by Zhejiang University Lianchuang, followed by yinnuo angel and eagle fund. < / P > < p > “unlike national launch missions, commercial space launches pursue the capability of low cost, high reliability and rapid formation of large-scale launch.” Kang Yonglai, founder of Tianbing science and technology, believes that the task of private rocket companies at this stage is to combine the demand of improving launch efficiency and reducing launch cost in the commercial market to select the technical path. Therefore, Tianbing technology started the development of a new generation of normal temperature non-toxic HCP liquid rocket engine and launch vehicle. As a new generation of propellant, HCP carrier rocket has the advantages of low cost, non-toxic and pollution-free, wide temperature storage, multiple repeated ignition and deep conversion. It will provide satellite users with fast, low-cost, reliable and mass launch service. < p > < p > < p > “Tianhuo” series engines are upgraded products of traditional chemical propulsion system. At present, Tianbing science and technology has completed the whole system hot test of “tianhuo-1” HCP liquid rocket engine, and “tianhuo-2” liquid rocket engine. The research and development of “tianhuo-3” liquid rocket engine is progressing smoothly, and the whole system hot test vehicle will be completed in the second half of this year. < p > < p > < p > “tianlong-1” liquid carrier rocket will also have the conditions for its first flight in 2021. The design carrying capacity of the first flight rocket is more than 3 tons, and it will collect cooperative satellite loads around the world. Tianbing technology has also reached several hundred million yuan launch cooperation agreements with several satellite Internet development enterprises. Apple extends AppleCare + purchase period: users can decide within 60 days