Beijing Hangjing Innovation Technology Co., Ltd. has secured a substantial B++ funding round to enhance its UAV manufacturing capabilities amid a rapidly growing low-altitude economy in China.

Target Information

Beijing Hangjing Innovation Technology Co., Ltd., founded in 2008 and headquartered in Beijing, is a leading provider of heavy-lift unmanned aerial vehicle (UAV) systems. The company has established itself as a primary supplier within the low-altitude economy by developing the new-generation tilt-rotor aircraft, the FWT-2000 Assault Eagle. This innovative drone is designed for both military and civilian applications, demonstrating capabilities such as vertical take-off and landing, as well as fixed-wing high-speed cruising.

Hangjing Innovation boasts an impressive range of products, accommodating payloads from 200 kg to 2.5 tons, with applications in areas such as forest firefighting, emergency communication, logistics, and national defense. The company has successfully delivered multiple aircraft types and has expanded its market reach to over 30 countries across the Middle East, Africa, and Southeast Asia. With recent advancements in critical technologies, including 180 kW turboshaft and 300 kW hybrid power engines, the company is poised for future growth.

Industry Overview

The low-altitude economy in China is witnessing rapid growth, driven by increased demand for UAV applications across various sectors. The government has been actively promoting the use of drones in agriculture, logistics, publ