Astronstone (Early-stage funding)
Funding Details
- Awarder
- RSS - spacenews.com
- Date Award
- May 29, 2025
- Vertical
- Aerospace
- Funding URL
- View Funding Page
- Funding Amount:
- $13,900,000
Company Info
- Founding Year
- 2024
- Founders
- Tang Wen
- Company Description
- Astronstone is a commercial launch startup focused on developing a stainless steel, reusable launch vehicle, the AS-1, modeled after SpaceX's Starship. The company aims to reduce launch costs and improve recovery systems using a unique 'chopsticks' recovery method.
- Market
- Commercial Launch Services
- Location
- China
- Coinvestors
- Qiancheng Capital, Huacang Capital, Lingge Ventures