What Happened
Private Chinese Company Achieves Milestone With Successful Booster Landing
LandSpace has successfully landed the first stage of its Zhuque-3 rocket, becoming the first private Chinese company to recover an orbital-class booster using the same method as SpaceX’s reusable Falcon 9 rocket. The Zhuque-3 lifted off from the Dongfeng Commercial Space Innovation Pilot Zone in northwestern China and landed vertically nearly eight minutes after liftoff. This milestone marks a significant step for LandSpace, which plans to reuse each first stage up to 20 times and is seeking to raise $1.1 billion through an initial public offering to expand development and production of reusable launch vehicles. The successful landing was reported by AeroTime.