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China’s Private Company Lands Rocket Booster for Reuse

LandSpace recovered the first stage of its Zhuque‑3 rocket, joining SpaceX and Blue Origin as the only private firms with a reusable orbital booster.

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Key Points

3 points

Zhuque‑3’s stainless‑steel booster returned safely to a ground landing site.

LandSpace plans to reuse the booster up to twenty times, lowering launch costs.

The firm seeks to raise about 7.5 billion yuan via an initial public offering on the STAR Market.

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Summary

The booster landed in Gansu province after launch from the Dongfeng Commercial Space Innovation Pilot Zone, demonstrating China’s progress in cost‑effective space access.

The company aims to raise funds through an initial public offering on the Shanghai Stock Exchange’s STAR Market to expand its reusable launch services.

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New Words to Learn

10 words

booster

the lower section of a launch vehicle that provides thrust and can be recovered for later flights

reusable

designed to be launched, recovered, and launched again many times

stainless steel

a durable, rust‑resistant alloy used for the rocket’s structure

methane

a clean‑burning fuel gas combined with liquid oxygen for rocket engines

liquid oxygen

extremely cold, liquid form of oxygen used as an oxidizer in rockets

payload

the cargo a rocket carries, such as satellites or scientific instruments

initial public offering

the first sale of a company’s shares to public investors on a stock exchange

STAR Market

a high‑technology focused segment of the Shanghai Stock Exchange

Gansu

a province in north‑western China where the booster landed

orbital‑class

capable of reaching and operating in Earth’s orbit

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China’s Private Company Lands Rocket Booster for Reuse

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