spacenews.com
Chinese electric-pump rocket startup Z-Trak raises new funding, targets 2027 debut for reusable Fission-A
HELSINKI — Chinese launch startup Z-Trak Space has secured a new funding round for a small reusable rocket and is targeting late 2027 for a first flight. Z-Trak Space (Zhiyu Aerospace) announced Sept. 29 through a company Chinese social media channel that it had closed an “angel+” round worth more than 100 million yuan ($14.9 million). Earlier backers Beidou Group, CMBC International and Century Huatong, a gaming and internet group, all invested again.