Investments
12Portfolio Exits
2Partners & Customers
10About Aviation Industry Corporation of China
Aviation Industry Corporation of China, dba AVIC, is a state-owned aerospace and defense company that is centered on aviation and provides complete services to customers in many sectors - from research and development to operation, manufacturing, and financing. AVIC's business units cover defense, transport aircraft, helicopters, avionics and systems, general aviation, research and development, flight testing, trade and logistics, assets management, finance services, engineering and construction, automobiles, and more.

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Latest Aviation Industry Corporation of China News
May 20, 2023
https://cdn1.img.sputnikglobe.com/img/07e7/05/14/1110489963_0:66:1201:741_1920x0_80_0_0_d30b3fa9dd0bfe34908ce4dcf5c19166.jpg A private Earth imaging company has snapped what US defense media speculates is an image of a Chinese WZ-8 rocket-powered spy drone parked outside a hanger at Lu’an Airbase, about 500 km west of Shanghai.The delta-shaped unmanned aerial vehicle, typically launched from People’s Liberation Army Air Force H-6K and H-6M strategic bombers, has been the subject of consternation for Pentagon planners, with a recently leaked internal assessment by the US National Geospatial-Intelligence Agency concluding that the drones are “almost certainly” already in service with the PLAAF.Equipped with twin thrust engines, the sleek drones are reportedly capable of accelerating to speeds up to Mach 7 (8,350 km per hour) and reaching altitudes of up to 50 km, allowing for real-time intelligence-collection across a broad geographic area from near-space in time-sensitive circumstances. The UAVs are produced by the Aviation Industry Corporation of China, and carry out their missions using onboard synthetic aperture radar systems and electro-optical sensors to provide high-resolution images of enemy targets while speedily flying over heavily-defended areas at high speeds and at altitudes too high for countermeasures to be taken.The WZ-8 made its first public debut at a military parade in Beijing in 2019, with mockups appearing at airshows in 2021 and 2022.A great deal of information about the drone remains under wraps, with its range characteristics unknown (its mothership carrier, the H-6, has a range between 6,000 and 8,100 km). It’s speculated that the drones could be equipped with weaponry to allow them to engage enemy ground, air and naval units, including carrier groups and fighters. However, this information has yet to be independently verified.US defense observers are worried that the new drones dramatically expand China’s ability to keep an eye on the entire Indo-Pacific region, and have offered no solutions for countering the advanced UAVs.The People’s Republic of China has made large-scale investments in the military in recent years, with the country’s military budget presently the second largest overall after the United States ($270 billion vs $768 billion, respectively). Unlike Washington, however, Beijing has not stretched its military capabilities abroad, maintaining just one military base, in Djibouti, Africa to ease its participation in international anti-piracy missions. The US has spent decades of time and billions of dollars attempting to hem China in militarily inside its home waters, expanding regional alliances and looking for new places to put advanced new missile systems. China has slammed the US over these activities, and called on Washington to stop butting into regional affairs and attempting to start a global arms race. https://sputnikglobe.com/20230113/china-commissions-ai-controlled-drone-mothership-research-vessel-zhu-hai-yun-1106295485.html China has made dramatic strides in its drone warfare capabilities over the decade-and-a-half, taking advantage of the country’s massive industrial base and major advances in home-grown defense electronics. A private Earth imaging company has snapped what US defense media speculates is an image of a Chinese WZ-8 rocket-powered spy drone parked outside a hanger at Lu’an Airbase, about 500 km west of Shanghai. The delta-shaped unmanned aerial vehicle, typically launched from People’s Liberation Army Air Force H-6K and H-6M strategic bombers, has been the subject of consternation for Pentagon planners, with a recently leaked internal assessment by the US National Geospatial-Intelligence Agency concluding that the drones are “almost certainly” already in service with the PLAAF. © Photo : Twitter / @TheBaseLegAnalysis of what appears to be a WZ-8 drone at a military airbase in Lu'an, China. Analysis of what appears to be a WZ-8 drone at a military airbase in Lu'an, China. © Photo : Twitter / @TheBaseLeg Equipped with twin thrust engines, the sleek drones are reportedly capable of accelerating to speeds up to Mach 7 (8,350 km per hour) and reaching altitudes of up to 50 km , allowing for real-time intelligence-collection across a broad geographic area from near-space in time-sensitive circumstances. The UAVs are produced by the Aviation Industry Corporation of China, and carry out their missions using onboard synthetic aperture radar systems and electro-optical sensors to provide high-resolution images of enemy targets while speedily flying over heavily-defended areas at high speeds and at altitudes too high for countermeasures to be taken. The WZ-8 made its first public debut at a military parade in Beijing in 2019, with mockups appearing at airshows in 2021 and 2022.
Aviation Industry Corporation of China Investments
12 Investments
Aviation Industry Corporation of China has made 12 investments. Their latest investment was in Taihang Testing as part of their Seed on November 11, 2022.

Aviation Industry Corporation of China Investments Activity

Date | Round | Company | Amount | New? | Co-Investors | Sources |
---|---|---|---|---|---|---|
11/10/2022 | Seed | Taihang Testing | Yes | |||
3/30/2022 | Corporate Minority | Huafeng Foundry | Yes | |||
3/29/2022 | Unattributed | Huafeng Medical | Yes | |||
3/22/2022 | Series B | |||||
2/25/2022 | Seed |
Date | 11/10/2022 | 3/30/2022 | 3/29/2022 | 3/22/2022 | 2/25/2022 |
---|---|---|---|---|---|
Round | Seed | Corporate Minority | Unattributed | Series B | Seed |
Company | Taihang Testing | Huafeng Foundry | Huafeng Medical | ||
Amount | |||||
New? | Yes | Yes | Yes | ||
Co-Investors | |||||
Sources |
Aviation Industry Corporation of China Portfolio Exits
2 Portfolio Exits
Aviation Industry Corporation of China has 2 portfolio exits. Their latest portfolio exit was CALB on October 06, 2022.
Aviation Industry Corporation of China Acquisitions
1 Acquisition
Aviation Industry Corporation of China acquired 1 company. Their latest acquisition was Align Aerospace on March 31, 2015.
Date | Investment Stage | Companies | Valuation Valuations are submitted by companies, mined from state filings or news, provided by VentureSource, or based on a comparables valuation model. | Total Funding | Note | Sources |
---|---|---|---|---|---|---|
3/31/2015 | Acquired | 1 |
Date | 3/31/2015 |
---|---|
Investment Stage | |
Companies | |
Valuation | |
Total Funding | |
Note | Acquired |
Sources | 1 |
Aviation Industry Corporation of China Partners & Customers
10 Partners and customers
Aviation Industry Corporation of China has 10 strategic partners and customers. Aviation Industry Corporation of China recently partnered with Shanghai Aircraft Manufacturing on January 1, 2021.
Date | Type | Business Partner | Country | News Snippet | Sources |
---|---|---|---|---|---|
1/5/2021 | Partner | China | GKN Aerospace, SAMC, AVIC Supply sign JV agreement for advanced aerostructures COMAC subsidiary SAMC , AVIC Supply and GKN Aerospace sign a strategic joint venture agreement to support Chinese commercial aerospace market . | 4 | |
6/20/2019 | Vendor | United States | AVIC is a key partner for AMETEK Inc. , focused on developing commercial aircraft for China 's domestic airliner market and the international market as well , '' said Elaine O'Neill , Vice President and Business Unit Manager for AMETEK . | 1 | |
10/24/2018 | Partner | Netherlands | Airbus, AVIC in conductive composites pact The Airbus Engineering Centre and AVIC will partner to develop what it describes as `` electrically functionalization technologies '' that can `` improve the toughness , damage resistance and electrical conductivity of composite materials '' . | 1 | |
7/31/2018 | Vendor | ||||
12/12/2017 | Partner |
Date | 1/5/2021 | 6/20/2019 | 10/24/2018 | 7/31/2018 | 12/12/2017 |
---|---|---|---|---|---|
Type | Partner | Vendor | Partner | Vendor | Partner |
Business Partner | |||||
Country | China | United States | Netherlands | ||
News Snippet | GKN Aerospace, SAMC, AVIC Supply sign JV agreement for advanced aerostructures COMAC subsidiary SAMC , AVIC Supply and GKN Aerospace sign a strategic joint venture agreement to support Chinese commercial aerospace market . | AVIC is a key partner for AMETEK Inc. , focused on developing commercial aircraft for China 's domestic airliner market and the international market as well , '' said Elaine O'Neill , Vice President and Business Unit Manager for AMETEK . | Airbus, AVIC in conductive composites pact The Airbus Engineering Centre and AVIC will partner to develop what it describes as `` electrically functionalization technologies '' that can `` improve the toughness , damage resistance and electrical conductivity of composite materials '' . | ||
Sources | 4 | 1 | 1 |
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