Recently, the National Manufacturing Transformation and Upgrade Fund invested 0.9 billion yuan in Blue Arrow Aerospace, becoming the largest investment institution by single investment amount in all of Blue Arrow Aerospace's financing rounds. The funds will mainly be used for the research, testing, and production of Blue Arrow Aerospace's reusable liquid oxygen methane Launch Vehicle.
国家制造业转型升级基金对蓝箭航天投资9亿元
The National Manufacturing Transformation and Upgrade Fund invested 0.9 billion yuan in Blue Arrow Aerospace.
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