Last updated
    LandSpace
    Aerospace

    LandSpace

    Taiwan flagTaiwan

    "Methane-powered access to space"

    Founded 2015 Beijing CEO: Zhang Changwu
    Community

    About

    LandSpace Technology Corporation operates as a private aerospace firm based in Beijing, developing liquid-fueled rockets to reduce the cost of orbital access. Founded in 2015 by Zhang Changwu, the company focuses on methane propulsion systems and reusable launch vehicles rather than relying on state-run infrastructure. Its engineering strategy emphasizes vertical integration, designing and manufacturing its own engines like the TQ-12 and TQ-13 to support the Zhuque rocket family.

    The company achieved a major milestone in July 2023 when its Zhuque-2 rocket completed its second flight and successfully reached orbit. This event marked the first time a methane-fueled vehicle from any nation had achieved orbital insertion, validating the technology for commercial use. The success placed LandSpace among global competitors using similar propellant choices while demonstrating a viable path for private sector innovation in China's space sector.

    In August 2026, the organization advanced further by recovering the first stage of its next-generation Zhuque-3 booster during an orbital launch attempt. This recovery represented the first successful landing of a rocket booster by a Chinese private launcher, distinguishing the company through its use of steel construction for the reusable stage. These achievements signal a shift toward operational readiness with plans for rapid turnaround times between launches.

    Products & Sub-brands

    Zhuque-2 (ZQ-2)Zhuque-3 (ZQ-3)TQ-12 engineTQ-13 engine

    Frequently Asked Questions

    Who owns LandSpace?
    LandSpace is a privately held company founded and led by Zhang Changwu, backed by venture capital firms and potentially state-affiliated investment funds.
    What is the CEO of LandSpace?
    Zhang Changwu serves as both the founder and Chairman, overseeing strategic direction and technical development of the company's liquid-fueled rockets.
    Is LandSpace still in business and active?
    Yes, the company remains highly active and recently achieved the first successful booster landing by a Chinese private launcher in August 2026.
    How does LandSpace compare to SpaceX?
    LandSpace shares SpaceX's focus on reusable methane-fueled rockets but currently trails in scale and launch frequency while targeting the medium-lift market.
    What is the worth of LandSpace?
    Exact financial figures are undisclosed, but industry analysts consider it one of the most valuable private space startups in Asia following its 2023 and 2026 milestones.

    Keywords

    commercial spaceflightmethane rocketZhuquereusable launch vehicleChinese aerospaceprivate space company

    Sources

    Company Info

    Founded
    2015
    Founder
    Zhang Changwu
    CEO
    Zhang Changwu
    Headquarters
    Beijing
    Industry
    Aerospace
    First Methane Orbital Insertion
    July 2023
    First Private Booster Landing
    August 2026
    Primary Propellant
    Liquid Oxygen / Methane

    Official Website

    www.landspace.com/en

    Join the community

    fans discussing