LandSpace Space Technology Co Ltd (LandSpace), it is a benchmark enterprise in China's commercial aerospace sector, especially having achieved world-leading breakthroughs in liquid oxygen-methane rocket technology

Basic Overview

• Founded in June 2015, headquartered in Beijing E-Town Economic and Technological Development Zone, it is a national high-tech enterprise; its Chairman and CEO is Zhang Changwu
• Comprehensive layout: R&D centers in Beijing and Xi'an, an intelligent rocket manufacturing base in Huzhou, Zhejiang, and a self-built liquid rocket launch pad in Jiuquan; it is also the first private enterprise in China to obtain all carrier rocket access qualifications
• Core positioning: Focuses on the medium to large liquid oxygen-methane carrier rockets entire industry chain, providing cost-effective commercial launch services, aiming to promote rocket reusability and "aviationization" of space transport

Core Products and Technology Milestones

1. Tianque (TQ) series liquid oxygen-methane engine The independently developed TQ-12 (80-ton class) is China's first large-thrust liquid oxygen-methane engine, and its improved version TQ-12A features thrust regulation, secondary ignition, and reusability, serving as the power core for Zhuque-2 / Zhuque-3

2. Zhuque-2 (ZQ-2) medium liquid oxygen-methane carrier rocket. On July 12, 2023, Zhuque-2 Y2 was successfully launched and accurately inserted into orbit in Jiuquan, becoming the world's first liquid oxygen-methane rocket to reach orbit; with an LEO capacity of approximately 4 tons and an SSO capacity of approximately 1.5 tons, it has entered the mass production and commercialization stage

   

   LandSpace Zhuque-2

3. Zhuque-3 (ZQ-3) is a stainless steel reusable liquid oxygen-methane rocket, with a length of 76.6m, a diameter of 4.5m, and a takeoff thrust of 900 tons; successfully launched into orbit on its maiden flight on December 3, 2025, it is China's first private reusable rocket to achieve orbit, and will significantly reduce launch costs and adapt to the needs of large-scale satellite internet constellation deployment

   

   LandSpace Zhuque-3

Key Development Milestones

• 2018: Launched the small solid rocket Zhuque-1, and announced a strategic shift to the liquid oxygen-methane liquid rocket route in the same year
• 2023: Zhuque-2 Y2 entered orbit, establishing its global leading position in liquid oxygen-methane rocket technology
• 2025: Zhuque-3's maiden flight succeeded, promoting the implementation of reusable technology; concurrently pursuing an IPO on the STAR Market, planning to raise funds to enhance production capacity and technological iteration

Industry Status and Outlook

• Leading technology: The world's first enterprise to successfully insert a liquid oxygen-methane rocket into orbit, breaking international barriers in new rocket propulsion technology
• Commercial value: Zhuque-2 has received bulk commercial orders, and Zhuque-3 focuses on future large capacity demands for low-Earth orbit constellations and deep space exploration
• Challenges and direction: Continuously overcoming precise recovery and rapid reuse of rocket first stages, as well as the research and development of larger thrust engines and heavy-lift rockets, to further reduce space transportation costs