Commercial Aerospace Industry Alliance Science and Technology Innovation Fund Launched, Focusing on Four Major Investment Directions.

Today, at the 3rd Commercial Space Development Conference, the Commercial Space Industry Alliance Science and Technology Innovation Fund was officially launched. The fund was jointly initiated by Yingda Capital, Qingying Science and Technology, and participated in cooperation with the Zhongguancun Leading Commercial Space Industry Alliance. The initial issuance size of the fund is 10-20 billion, with a future plan to expand to 100 billion, a duration of 10 years, and will be completed in stages for fund deployment and project layout, with the ultimate goal of achieving approximately 70% project exits. The investment direction focuses on four major areas: low-orbit satellite constellations and satellite internet, reusable carriers and rocket launch services, commercial space new materials and devices, space resource development and utilization, and emerging space services.