Space Pioneer raises $350 million as China’s commercial launch boom accelerates

Published on October 14, 2025
Full-scale mockup of Space Pioneer's Tianlong-3 rocket stands vertically on a newly completed launch pad at the Dongfeng Commercial Space Innovation Test Zone, located in the desert landscape of Jiuquan Satellite Launch Center. The launch pad is equipped with support towers, fueling infrastructure, and ground facilities visible under clear blue skies.

Space Pioneer has secured around $350 million in new funding rounds to support its Tianlong-3 rocket and next-generation launch vehicle and engine development.

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