LandSpace

commercialFounded 2015

Beijing, China, China

www.landspace.com

Verified facts grounded in source documentation.

Landspace is raising $1 billion for reusable launch vehicle (RLV) R&D.

NARRATIVE FINANCIAL1/1/2026Total R&D expenses since 2022 included are $327M, which certainly makes the perspectives of Landspace raising $1B for RLV R&D interesting Company is losing 100-150M a year and seemingly hasn't sold a launch for more than $5M, lol.

LandSpace’s partially reusable Zhuque-3 launch vehicle flew for the first time, demonstrating that it can reach low Earth orbit and beyond.

NARRATIVE GENERAL12/18/2025Zhuque-3 Booster Should Land for First Time in 2026, LandSpace Says

Landspace's previous model, Zhuque-2 (LandSpace-2: LS-2, Zhuque-2: ZQ-2), became the world's first methane-fueled rocket to reach orbit in July 2023.

NARRATIVE GENERAL12/5/2025中国の再使用型ロケット「朱雀3号」、軌道到達も着陸に失敗–再突入後に炎上

LANDSPACE successfully launched the Zhuque-3 rocket for the first time in December 2025.

NARRATIVE GENERAL12/4/2025Two years. That is all it took. LANDSPACE went from unveiling the Zhuque-3 design in December 2023 to a successful maiden launch in December 2025. To deliver a stainless steel, liquid-methane rocket in just 2 years is absolutely wild.

Land Space plans to launch on December 3 at 0352 UTC/1152 BJT.

NARRATIVE GROWTH12/2/2025Oh yeah, Land Space just slapped my face with the NOTAMs, at 3 Dec same time of the pervious two, 0352 UTC/ 1152 BJT. Should launch at the noon.

LANDSPACE plans to launch Zhuque-3 at the same time on December 01.

NARRATIVE GROWTH11/28/2025NOTAM Update: LANDSPACE has scrubbed the November 29 attempt for Zhuque-3. The new restriction points to a launch at the same time on December 01.

LANDSPACE is targeting a launch window for its maiden flight of Zhuque-3 between 04:00 and 06:00 UTC on November 29.

NARRATIVE GENERAL11/27/2025It appears LANDSPACE has won the race to the pad. Newly published airspace closures indicate the maiden flight of Zhuque-3 is targeting a launch window between 04:00 and 06:00 UTC on November 29. The first stage will attempt to land at the recovery pad in Minqin. Below is a compilation of satellite imagery tracking the construction of this site over the past summer. For comparison, I’ve included the Long March 12A recovery infrastructure on the right. Both sites have seen rapid development in preparation for these dual debut recovery attempts.

Landspace developed its first Zhuque-1 rocket within three years after its founding in June 2015, but its first launch attempt failed in October 2018.

NARRATIVE GENERAL11/23/2025Sizing Up China's Commercial Launchers

Landspace has successfully launched the ZQ-2 and ZQ-2E rockets three times, with two successes and one failure for each rocket.

TECHNICAL PRODUCT11/23/2025Sizing Up China's Commercial Launchers

Space Pioneer, LandSpace, and CAS Space have won contracts to launch eighteen Qianfan satellites.

ORG RELATIONSHIP11/20/2025Tianlong-3 Quietly Arrives at Jiuquan Ahead of Several Reusable Rocket Debuts

LandSpace launched the world's first methane-propelled carrier rocket into orbit in July 2023 using the ZQ 2 model at Jiuquan.

NARRATIVE GENERAL11/12/2025LandSpace prepares reusable ZQ 3 rocket for first launch after major tests in China

Landspace previously raised $175,000,000 in 2020.

NARRATIVE FINANCIAL12/26/2024China’s Landspace secures state-backed funding for reusable rockets

Landspace was one of the first launch startups to emerge after a Chinese central government decision in late 2014 to open portions of the space sector to private capital.

NARRATIVE GENERAL12/26/2024China’s Landspace secures state-backed funding for reusable rockets

Landspace plans the first recovery and reuse of the Zhuque-3 first stage in 2026.

NARRATIVE GENERAL12/26/2024China’s Landspace secures state-backed funding for reusable rockets

Landspace will begin launching cargo missions to the Tiangong space station starting in 2026.

TECHNICAL PRODUCT12/26/2024China’s Landspace secures state-backed funding for reusable rockets

Landspace plans the first recovery and reuse of the Zhuque-3 first stage in 2026.

NARRATIVE GENERAL12/26/2024China’s Landspace secures state-backed funding for reusable rockets

Landspace successfully launched two satellites, Guangchuan 01 and Guangchuan 02, into orbit on 2024-11-26 (0200 UTC 2024-11-27) using an enhanced Zhuque-2 rocket.

TECHNICAL PRODUCT11/27/2024Landspace puts 2 satellites in orbit with enhanced Zhuque-2 rocket

Landspace is planning first launches of reusable methane rockets as soon as 2025.

NARRATIVE GENERAL7/11/2024Chinese commercial rocket firm suffers 4th launch failure

Landspace aims to launch three Zhuque-2 methalox rockets in 2024 and to conduct further hop tests for the stainless steel Zhuque-3.

NARRATIVE GROWTH2/26/2024China’s 2024 space plans include 100 launches and moon sample return mission

Landspace aims to launch three Zhuque-2 methalox rockets in 2024 and to conduct further hop tests for the stainless steel Zhuque-3.

NARRATIVE PLAN2/26/2024China’s 2024 space plans include 100 launches and moon sample return mission

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