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LandSpace’s full-flow staged-combustion engine is expected to power a 10-meter-diameter fully reusable launch vehicle planned for the 2030s that is nicknamed ‘Zhuque-4’ by observers.
In February 2025, LandSpace said it hoped to fly the Zhuque-2E vehicle six times in 2025 and planned four additional flights after the Y3 mission.
LandSpace convened a failure review board meeting for the Zhuque-2 Enhanced Y3 launch vehicle on August 30, 2025.
LandSpace attempted to fly its third Zhuque-2E rocket to low Earth orbit on August 15, 2025.
LandSpace is scheduled to debut the two-stage partially reusable Zhuque-3 rocket in the coming weeks, with the flight possibly occurring in September or November 2025.
LandSpace hoped in February 2025 to fly the Zhuque-2E vehicle six times in 2025 and expected four more Zhuque-2E launches that year.
LandSpace convened a failure review board meeting on August 30, 2025 to investigate the Zhuque-2E Y3 flight anomaly.
LandSpace Chief Executive Officer Zhang Changwu (张昌武) advocates proliferation of full-flow staged-combustion engines to power reusable launch vehicles.
Landspace was previously valued at ¥11.8 billion, which is approximately $1.64 billion.
Landspace is attempting to go public.
Landspace secured a ¥900 million funding round in December 2022.
Zhejiang Commercial Bank finalized a ¥50 million, 10-year loan to Landspace in February 2025.
Landspace plans to potentially launch the Haolong reusable cargo spacecraft on Zhuque-3 in 2026 as part of a low-cost cargo scheme promoted by China's human spaceflight agency.
The National Manufacturing Transformation and Upgrading Fund provided Chinese commercial launch startup Landspace with $123,000,000 earlier in December.
Commercial Chinese companies such as Landspace (Zhuque-2), Galactic Energy (Ceres-1), and Orienspace (Gravity-1) fell short of their planned numbers of launches in 2024.
Landspace plans the first recovery and reuse of the Zhuque-3 first stage in 2026.
Landspace previously raised $175,000,000 in 2020.
Landspace received 900 million yuan from China’s National Manufacturing Transformation and Upgrading Fund on 2024-12-25 according to Chinese media reports.
Landspace performed a 10-kilometer-altitude vertical liftoff and vertical landing test at Jiuquan spaceport in September for the larger stainless steel Zhuque-3 launcher.
Landspace will begin launching cargo missions to the Tiangong space station starting in 2026.