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Chinese Space Startup Raises $342M for Reusable Rocket

September 17, 2026

2 min read

Key Takeaways

Space Epoch raises $342M in Series B++ funding.
Total capital raised exceeds 2.3 billion yuan.
Company targets first orbital launch and recovery late this year.
Funding underscores China's commercial aerospace investment boom.

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Strategic Implications

This funding may indicate growing investor confidence in China's commercial aerospace sector, particularly in reusable launch vehicles. The investment could suggest a shift in the global space industry towards more sustainable and cost-effective launch solutions, which may benefit companies like Space Epoch and challenge established players.

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What Happened

Space Epoch Secures Funding for Orbital Launch and Recovery

Chinese commercial rocket startup Space Epoch has announced the completion of its Series B++ funding round, raising over $342 million. This brings the company’s total capital raised in the past six months to more than 2.3 billion yuan. Space Epoch is moving towards a first orbital launch and recovery attempt late this year, as part of a broader push in China’s commercial aerospace sector to develop reusable launch vehicles for deploying low-Earth orbit satellite constellations. The funding was reported by Caixin Global.

Source | Originally Published: September 16, 2026

Companies Mentioned