Tianbing Technology Co., Ltd.

Established in 2015 and based in Beijing, China, Tianbing Technology Co. , Ltd. is an aerospace company that focuses on aerospace propulsion systems and space vehicles R&D. The company has R&D centers in Beijing and Xi'an, a test center in Zhengzhou and an intelligent manufacturing base in Zhangjiagang.

The core R&D personnel have more than 13 years of experience in the development of launch vehicles and 95% have master's degrees of its total employees. In 2023, the company won the title of "2023 China Unicorn Company". In April 2023, its product, the Tianlong-2 liquid launch vehicle successfully made its first flight in Gansu. In October 2025, Tianbing Technology Co.

, Ltd. closed a series D funding from returning investor Guoyu Capital with participation from new investors Bank Of China Financial Assets Investment, Bjtu Union Investment Management Group Co. , Ltd, China Orient Asset Management, Guian New Area Kunpeng Fund, Hunan Hi-Tech Venture Capital, Hunan Shengli Investment, Jigang Group, Qingshui Comet, Shenwan Investment Fund and other unspecified investors. The round was part of a larger approximately CNY 2.

5 billion series D funding. Tianbing Technology Co. , Ltd. is mainly engaged in the research and development of new-generation room-temperature green liquid propellants and aerospace propulsion systems.

The company focuses on the commercial aerospace field and its business includes rocket launch services, power system support, and product technology services. Its products can be categorized into rocket series and engine series, such as TL-2, TL-3H and TH-11.   The company generates revenue by developing and providing aerospace propulsion systems and space vehicles. The funding raised in October 2025 will primarily be used for the preparation of materials for mass production of rockets and engines, as well as for the development of next-generation engines and rockets, further promoting technological breakthroughs and industrialization in my country's commercial aerospace industry.