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ispace

JP
commercialFounded 2016
ispace-inc.com/
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Verified facts grounded in source documentation.

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

NARRATIVE FINANCIAL1/19/2021China’s iSpace advances with IPO plans, reusable launcher landing leg tests

iSpace plans hop tests in 2021 followed by a first launch of its Hyperbola-2 rocket.

NARRATIVE GENERAL12/18/2020China rolls out Long March 8 rocket for weekend test flight

ispace raised $28,000,000 in a Series B funding round in August, bringing its total funding to date to $125,000,000.

NARRATIVE FINANCIAL11/10/2020Japanese lunar lander company ispace opens U.S. office

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.

NARRATIVE GENERAL11/6/2020China sets targets for smart, recoverable and reusable launch vehicles

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

NARRATIVE GENERAL10/19/2020China’s CASIC reveals five-year plan for reusable spaceplane, commercial space projects

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

NARRATIVE FINANCIAL9/9/2020China’s Landspace raises $175 million for Zhuque-2 launch vehicles

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.

NARRATIVE FINANCIAL8/25/2020Chinese space launch firm iSpace raises $173 million in series B funding

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

NARRATIVE GROWTH8/20/2020ispace Raises $28 Million in Series B Funding; Announces Lunar Data Business

Beijing-based iSpace became the first private Chinese firm to launch a satellite into orbit in July 2019.

NARRATIVE GENERAL7/10/2020First launch of Chinese Kuaizhou-11 rocket ends in failure

iSpace achieved orbit in July 2019.

TECHNICAL PRODUCT6/5/2020Chinese private launch firms advance with methane engines, launch preparations and new funding

iSpace achieved orbit with a launch in July 2019.

TECHNICAL PRODUCT12/10/2019Chinese space launch firm Landspace raises $71 million

Beijing-based iSpace became the first Chinese private company to reach orbit in July 2019 and may follow up with further Hyperbola-1 launches.

NARRATIVE GENERAL12/3/2019China to continue world-leading launch rate in 2020

ispace raised record funding to build a lunar lander intended to carry rovers to the Moon as part of the company’s private lunar missions.

NARRATIVE GENERAL10/23/2019Smithsonian’s National Air and Space Museum Receives SORATO Lunar Rover for Future Museum Exhibition

ispace aims to deploy rovers on the lunar surface by 2023 based on the original design of SORATO.

NARRATIVE GROWTH10/23/2019Smithsonian’s National Air and Space Museum Receives SORATO Lunar Rover for Future Museum Exhibition

iSpace performed the first successful orbital launch by a Chinese private firm in July 2019.

NARRATIVE GENERAL10/1/2019New Chinese commercial rocket firms move toward maiden launches

ispace raised nearly $95,000,000 (USD) in Series A funding, which the company described as the largest on record in Japan.

NARRATIVE GENERAL8/22/2019Mission Timeline Adjustment for the HAKUTO-R Program

iSpace achieved the first successful orbital launch by a Chinese private company the month before the 2019-08-17 Smart Dragon-1 flight.

NARRATIVE GENERAL8/19/2019Chinese commercial rocket Smart Dragon-1 reaches orbit with first launch

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.

NARRATIVE GENERAL7/25/2019Chinese iSpace achieves orbit with historic private sector launch

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.

TECHNICAL PRODUCT7/2/2019Chinese commercial launch sector regulations released, new launch vehicle plans unveiled

ispace announced a new contract on 2019-05-22 under the Luxembourg National Space Programme LuxIMPULSE implemented by the European Space Agency.

ORG RELATIONSHIP5/22/2019ispace to Develop Commercial Lander Services for European Space Agency’s Lunar Resource Mission
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