ispace

iSpace is developing methalox rockets capable of landing using variable-thrust engines and plans hop tests in 2021 followed by a first launch of its Hyperbola-2 rocket.

iSpace is preparing to launch its second Hyperbola-1 solid launcher in early 2021.

iSpace became the first Chinese private firm to place a satellite in orbit in July 2019 using the Hyperbola-1 rocket.

iSpace secured $173,000,000 in Series B funding two weeks before Landspace raised $175,000,000.

ispace selected SpaceX in 2018 to launch its first two lunar missions, which are now both lander missions scheduled to launch in 2022 and 2023.

iSpace is developing larger launchers including Hyperbola-3, which features additional first stages used as side boosters.

iSpace planned a full orbital flight of Hyperbola-2 for the end of 2021.

iSpace is developing the Hyperbola-2, a 28-meter-tall, 3.35-meter-diameter liquid oxygen–methane launcher with a reusable first stage capable of vertical landing.

iSpace raised $173,000,000 in a Series B funding round to support development of a new series of launch vehicles and reusable methalox engines.

Beijing Interstellar Glory Space Technology Ltd. (iSpace) became the first nominally private Chinese company to launch a satellite into orbit in July 2019.

iSpace was established in 2016 and is planning further launches of its solid Hyperbola-1 rocket.

iSpace previously raised over $100,000,000 in Series A funding with participation from Matrix Partners China, CDH Investments, and Baidu.

ispace is part of a team led by Draper that was selected by NASA to compete in the Commercial Lunar Payload Services (CLPS) Program.

ispace’s cumulative total investment of approximately $125,000,000 includes approximately $95,000,000 raised in its Series A round and earlier seed investment.

ispace’s cumulative total investment reached approximately $125,000,000 as of 2020-08-20.

ispace Europe was selected by the European Space Agency to be part of the PROSPECT Science Team for a program that seeks to extract water on the Moon.

HAKUTO-R is a multinational commercial lunar exploration program operated by ispace that includes Mission 1, a soft lunar landing planned to launch in 2022, and Mission 2, a lunar landing and rover deployment planned to launch in 2023.

ispace launched a lunar data business concept labeled Blueprint Moon as a planned data-centric platform to support customers with lunar market entry.

Incubate Fund led ispace’s $28,000,000 Series B funding round.

ispace plans to apply Series B funds toward development of its commercial lunar lander for a first mission planned to launch in 2022 and a second mission planned to launch in 2023.