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iSpace received over $100,000,000 in Series A funding from Matrix Partners China, CDH Investments, Baidu, and others prior to securing A++ series funding.
iSpace became the first Chinese private firm to achieve orbit with a successful Hyperbola-1 launch from Jiuquan Satellite Launch Center on 2019-07-25.
ispace Europe was selected by the European Space Agency to be part of the Science Team for PROSPECT.
Draper is partnered with ispace, a Japanese company developing commercial lunar landers.
For the CLPS program, General Atomics will build the landers based on the ispace design to meet the program requirement that landers be manufactured in the United States.
iSpace had attracted over $100,000,000 in funding since its establishment in 2016.
Beijing Interstellar Glory Space Technology Ltd. (iSpace) completed a series A+ financing round led by Huaxing Growth Capital and Tianfeng Securities on 2019-07-02 to support development of the Hyperbola-2 launch vehicle and its methalox engines.
If successful, an orbital flight by iSpace’s Hyperbola-1 would be the first Chinese private rocket to achieve orbit, following failures by Landspace in 2018 and OneSpace on 2019-03-27.
ispace is developing commercial lunar landers and is part of a team led by Draper that won one of nine Commercial Lunar Payload Services agreements from NASA last November.
ispace announced a new contract on 2019-05-22 under the Luxembourg National Space Programme LuxIMPULSE implemented by the European Space Agency.
Kyle Acierno opened and managed ispace’s Luxembourg office beginning in 2017.
Julien-Alexandre Lamamy became Managing Director of ispace Europe on 2019-04-01.
Kyle Acierno returned to ispace’s headquarters to expand his role to Vice President of Global Sales & Strategy.
iSpace is developing the Hyperbola-2 launch vehicle, which has a 2.5-meter diameter, is 38 m tall, and will be powered by liquid-methane and liquid-oxygen engines.
iSpace (Beijing Interstellar Glory Space Technology Ltd.) will attempt in early June to place a satellite in orbit using a Hyperbola-1 four-stage rocket from the Jiuquan Satellite Launch Center.
iSpace has suborbital launch experience with Hyperbola-1S launched from Hainan island in April of the previous year and Hyperbola-1Z launched from Jiuquan in September.
iSpace plans to attempt to put a satellite into orbit with its Hyperbola-1 four-stage solid rocket around mid-2019 from the Jiuquan Satellite Launch Center.
iSpace completed development of all the engines for its four-stage Hyperbola-1 launch vehicle and performed successful tests of attitude control engines in early 2019.
iSpace indicated that its Hyperbola-1 launch could take place as soon as April 2019.
Beijing-based iSpace is planning its first orbital launch with the Hyperbola-1, a launcher 1.4 m in diameter and 20 m long that uses three solid stages and a liquid fourth stage.