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LandSpace's Zhuque-2 became the world's first methane/liquid-oxygen rocket to reach orbit, and the company is now focused on medium-lift reusable launch vehicles.
ACTIVELandSpace is a pioneering Chinese commercial launch company that made history with the Zhuque-2, the world's first methane/liquid oxygen rocket to successfully reach orbit. The company is focused on medium-lift reusable launch vehicles.
LandSpace achieved a historic milestone in July 2023 when its Zhuque-2 became the world's first methane/LOX-fueled rocket to reach orbit, beating both SpaceX Starship and ULA Vulcan to this achievement. The company is one of the most well-funded Chinese commercial launch startups, with plans to develop a reusable version of Zhuque-2 and scale up production for high-frequency launches serving both domestic and international customers.
Rank 40 of 93 ranked companies. With the pillars we have not measured for this company filled at the 10th and 90th percentiles of the companies we did measure, and every other company held at its published total, the rank is likely between 30 and 53.
4 of 7 inputs measured · Medium confidence · 81% of applicable weight backed by data
Not measured: Market value, Reported revenue
Not measured: Open-role change (90 days)
A pillar score averages the company’s percentiles among the tracked companies with a value: relative standing, not a grade. Inputs measured 2026-10-13 (UTC) · methodology v6. Every input, its value and percentile · How it is computed
The Space Score ranks companies relative to each other on public data we hold. It describes; it does not rate, forecast or recommend. It is not a credit rating and not investment advice. Full disclaimer
Sources: Founded, Headquarters, CEO, Employees, Legal name
For information only, not investment advice. SpaceNexus is not a registered investment adviser, broker or dealer, and nothing here is a recommendation to buy, sell or hold any security. Data may be delayed, estimated or incomplete; check the source before acting. Full disclaimer
2 private rounds on record. Debt, grants, state capital, owner funding and acquisitions are listed under Funding history by class and not added in.
Latest funding round
Capital increase · $20M
Apr 8, 2025
First methane/LOX rocket to reach orbit (12 July 2023). Two-stage medium-lift vehicle; superseded by the upgraded Zhuque-2E, which remains in service.
Checking for a discussion…
Compiled Oct 13, 2026 from 9 public records. Every figure links the record it comes from.
Latest sourced round
Capital increase: CN¥150.0M (about $20.4M)
Dollar figure converted at 0.136264 CNY/USD (ECB euro foreign exchange reference rates) on Apr 8, 2025
Source: LandSpace prospectus, Shanghai Stock Exchange
Announced Apr 8, 2025
Sourced rounds on record
4 rounds, $258.0M disclosed
Every round has a disclosed amount
Published rounds with a source link only, on the same rules as the funding tracker. Each round links the source that states its figure; amounts in other currencies are converted to dollars at the rate shown on the funding tracker.
Source: LandSpace prospectus, Shanghai Stock Exchange
Latest round Apr 8, 2025
Also: SpaceNews, SpaceNews, Beijing News (新京报)
Launches flown as provider
8 since Nov 18, 2024
1 failed. Latest: Zhuque-2E Block 2 | SpaceSail Polar Group #15
Our launch record starts Nov 18, 2024; earlier launches are not counted here. Every kind of launch in the feed counts, crewed, lunar and station missions included.
Source: Launch Library 2 launch record
Latest launch Sep 15, 2026
Satellites owned or operated
0 in orbit of 2 launched
Latest: Zhuque-3 Payload
Payloads GCAT lists with this organisation as owner or operator. "In orbit" is GCAT status O. Counted under GCAT organisation codes LANDSP, LSPHZ. Catalogue updated Sep 24, 2026.
Source: GCAT satellite catalogue
Latest launch Dec 3, 2025
Satellites built
2 payloads launched, 0 in orbit
Latest: Zhuque-3 Payload
Payloads GCAT lists with this organisation as manufacturer. Counted under GCAT organisation codes LANDSP, LSPHZ. Catalogue updated Sep 24, 2026.
Source: GCAT satellite catalogue
Latest launch Dec 3, 2025
Beijing Junyu Xingtu Management Consulting
Took part in Capital increase (Apr 8, 2025)
LandSpace prospectus, Shanghai Stock Exchange, Apr 8, 2025
Beijing Yizhuang Zhongying Fuyao Sci-Tech Equity Investment Fund
Took part in Capital increase (Apr 8, 2025)
LandSpace prospectus, Shanghai Stock Exchange, Apr 8, 2025
National Manufacturing Transformation and Upgrading Fund
Recorded as lead of Strategic (state fund) (Dec 25, 2024)
Satellite data from GCAT (J. McDowell, planet4589.org/space/gcat), CC BY 4.0.
APA
SpaceNexus. (2026, October 13). LandSpace: Company dossier [Data set]. Retrieved October 13, 2026, from https://spacenexus.us/company-profiles/landspace
Chicago
SpaceNexus. "LandSpace: Company dossier." Data as of October 13, 2026. Accessed October 13, 2026. https://spacenexus.us/company-profiles/landspace.
BibTeX
@misc{spacenexus_landspace_2026,
author = {{SpaceNexus}},
title = {{LandSpace}: Company dossier},
year = {2026},
month = oct,
howpublished = {\url{https://spacenexus.us/company-profiles/landspace}},
url = {https://spacenexus.us/company-profiles/landspace},
urldate = {2026-10-13},
note = {Data as of 2026-10-13; each fact links its primary source}
}Country Garden Venture Capital (碧桂园创投)
Recorded as lead of Series C (Dec 10, 2019)
SpaceNews, Dec 10, 2019
36Kr Fund
Took part in Series B+ (Nov 20, 2018)
Beijing News (新京报), Nov 20, 2018
China Growth Capital (华创资本)
Recorded as lead of Series B+ (Nov 20, 2018)
Beijing News (新京报), Nov 20, 2018
Goldwind (金风科技)
Took part in Series B+ (Nov 20, 2018)
Beijing News (新京报), Nov 20, 2018
Hua Capital (华创资本)
Took part in Series B+ (Nov 20, 2018)
Beijing News (新京报), Nov 20, 2018