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Orienspace Targets IPO, Secures Funding for Gravity-2 Rocket

August 7, 2026

2 min read

Key Takeaways

Orienspace targets IPO and secures funding for Gravity-2 rocket.
Funding round worth several hundred million yuan.
Gravity-2 is a reusable liquid-propellant rocket.
Orienspace aims for Q4 launch debut.

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Strategic Implications

Orienspace's funding and IPO plans may indicate growing investor confidence in China's commercial space sector. The development of Gravity-2 suggests a focus on reusable technology, which could strengthen Orienspace's competitive position in the market and may signal a shift towards more sustainable launch solutions.

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What Happened

Chinese Launch Startup Advances Reusable Technology Development

Chinese launch startup Orienspace has initiated preparations for an IPO and secured funding for its reusable Gravity-2 rocket. The company announced a pre-C round worth several hundred million yuan, with investors including Vertex Capital and AVIC Honghua. Orienspace plans to use the funds for research, development, and production of Gravity-2, aiming for a Q4 launch debut. The company is among a growing cohort of Chinese commercial rocket makers racing towards listings on Shanghai’s STAR Market, as reported by SpaceNews.

Source | Originally Published: August 5, 2026

Companies Mentioned