Insurer PICC launches China’s first R&D flight insurance for drone
The launch comes as Chinese developers accelerate work on drones, eVTOL aircraft and other next-generation aircraft.
Month: July 2026
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Satellite developer Puxing Space secures angel+, pre-Series A funding
The fundraising comes as China’s commercial space industry shifts from policy support toward large-scale deployment.
Nanjing University backs Jiangsu’s first uni-funded tech transfer VC fund
The initiative marks the first time Nanjing University has directly contributed capital to a market-oriented venture fund.
Tsinghua-backed Discover Robotics raises over $100M in angel round
The company focuses on integrating AI with robotics and is leveraging Wuxi’s advanced manufacturing ecosystem to accelerate commercialization.
GTAC nets nearly $15M to expand avionics for airliners, eVTOLs
The company’s customer base now spans China’s three major civil aviation markets: large commercial aircraft, eVTOLs and heavy unmanned aerial vehicles.