Orbital Chenguang completes Pre-A1 round as China provides $8.4B in credit lines for orbital data-center development
Beijing Orbital Chenguang (Orbital Twilight Technology) says it has completed a Pre-A1 funding round on April 20, backed by $8.4 billion in credit lines. The financing underscores state support for building compute and data infrastructure in orbit as China accelerates commercialization of space services.