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Land Space plans to have the maiden flight of the ZQ-3 rocket in 2025.
Landspace is seeking to raise 7.5 billion yuan, equivalent to approximately 1 billion US dollars.
LANDSPACE's IPO application has been accepted by the Shanghai Stock Exchange as of December 31.
Landspace is seeking to raise 7.5 billion yuan (~US$1 billion) through its IPO.
Land Space is investing 1 billion RMB to purchase equipment to increase the ZQ-3 production capacity to 15 vehicles per year.
Land Space is investing 1 billion RMB to purchase equipment.
Land Space plans to increase the ZQ-3's production capacity to 15 annually.
Chinese commercial space company LandSpace launched its ZQ 3 reusable rocket from the Jiuquan spaceport.
LandSpace intends to achieve successful recovery by mid-2026.
LandSpace intends to achieve successful recovery of the Zhuque-3 rocket by mid-2026.
LandSpace plans to attempt the launch and recovery of ZQ-3 Y2 before mid-2026.
The failure of the Long March 12A follows a similar failure by commercial provider LandSpace on December 3 when its Zhuque-3 rocket failed to land after a successful orbital insertion.
If successful, LandSpace will reuse the first stage of Zhuque-3 on flight 4 after the Y2 mission.
LandSpace intends to achieve a successful recovery of the ZQ-3 by mid-2026.
Landspace's initial public offering (IPO) is progressing on the Shanghai Stock Exchange Science and Technology Innovation Board.
Landspace is progressing with its IPO on the Shanghai Stock Exchange Science and Technology Innovation Board.
Land Space may plan the ZQ-3 Y2 launch for April 2026.
Recovery teams would have shipped the Zhuque-3 booster to LandSpace’s factory in Wuxi in one piece had it successfully landed.
LandSpace’s partially reusable Zhuque-3 launch vehicle flew for the first time, demonstrating that it can reach low Earth orbit and beyond.
The Honghu-3 mega-constellation is a joint venture between LandSpace and Hongqing Technology with LandSpace holding a 48% stake in Hongqing Technology.