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LandSpace Technology

Space · Daxing District, China · Founded 2015

LandSpace Technology, a Beijing-based commercial space launch provider, was established in June 2015 by founder and CEO Zhang Changwu, an alumnus of Tsinghua University. The company's inception followed a 2014 Chinese government policy change that permitted private capital into the space industry. LandSpace is focused on the complete lifecycle of launch vehicles, from research and development to manufacturing, testing, and launch operations, aiming to provide reliable and cost-effective space transportation services to the global market. Its business model revolves around offering standardized launch solutions for the small and medium-sized commercial aerospace market, including satellite manufacturers, operators, research institutions, and government agencies. A key milestone for the company was the successful orbital launch of its Zhuque-2 (ZQ-2) rocket on July 12, 2023, which was the world's first methane-fueled launch vehicle to reach orbit. This achievement positioned LandSpace as a significant player in the commercial space sector and validated its focus on liquid oxygen-methane (methalox) propulsion technology. Methalox is a focal point for the company as it is more efficient, environmentally cleaner, and less prone to causing carbon deposits in engines, which reduces maintenance costs for reusable rockets. The company has since conducted further successful launches of the Zhuque-2, deploying multiple satellites into sun-synchronous orbit. LandSpace's primary product is its line of Zhuque (Vermilion Bird) rockets. The initial Zhuque-1, a solid-propellant rocket, was launched in October 2018 but failed to reach orbit. The company then pivoted to the more advanced, liquid-fueled Zhuque-2. This medium-lift rocket stands about 49.5 meters tall and can carry a payload of up to 6,000 kg to low Earth orbit (LEO) and 4,000 kg to a 500 km Sun-synchronous orbit (SSO). The company is also developing the Zhuque-3, a larger, stainless steel, two-stage launch vehicle designed for reusability, with a planned maiden flight in 2025. To support these ambitions, LandSpace has established significant infrastructure, including a manufacturing base in Huzhou and a rocket assembly and test plant in Jiaxing. Keywords: LandSpace Technology, commercial space launch, Zhuque-2, Zhuque-3, methane-fueled rocket, methalox, liquid rocket engine, satellite launch services, space transportation, Zhang Changwu, private space company, China aerospace, reusable rocket, low Earth orbit, Sun-synchronous orbit, commercial satellites, TQ-12 engine, VTVL, Jiuquan Satellite Launch Center

Investors

21 investors on LandSpace Technology's cap table

Sourced from Dealroom's funding history. Investor profile links are shown where available.

Seed 1 investor entered at this stage
FounDream
Series A 11 investors entered at this stage
Yingke Capital
Chung Tin Group
YungPark Capital
Financial Holding Group
Capitech
Goldwind
The Guokai Manufacturing Transformation and Upgrading Fund
China Growth Capital
36Kr
YunFeng Capital
China Zhongji Investment
Series B+ 9 investors entered at this stage
Country Garden
Sequoia
Luminous Ventures
Matrix Partners China
Shenzhen Cornerstone Asset Management
Yisheng Investment
Gopher Asset Management
Yanfu Investment
China National Manufacturing Transformation and Upgrading Fund

Global footprint

Where LandSpace Technology has talent and traffic

Workforce by country
7 countries with
team presence
🇨🇳 China75.9%
🇺🇸 United States6.9%
🇮🇳 India3.5%
🇭🇰 Hong Kong3.5%
🇮🇪 Ireland3.5%
Top 5 of 7 shown
Web traffic by country
24K monthly visits
across markets
🇨🇳 China68.8%
🇺🇸 United States13.3%
🇭🇰 Hong Kong6.3%
🏳️ Korea5.4%
🏳️ Republic of2.1%
Top 5 markets shown

Talent graph

The shape of LandSpace Technology's talent

Dealroom maps LandSpace Technology's team person by person — pinpointing the standout operators and scoring them across the six dimensions investors underwrite. The counts and shape below are a public preview; the named individuals and exact scores live in the platform.

5 team members profilednamed & role-tagged by Dealroom
48 employeestotal headcount
3 executives & foundersidentified by name
DimensionScore
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Engineering Score hidden — book a demo
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Go-to-market Score hidden — book a demo
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Research Score hidden — book a demo
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Source: Dealroom Talent Intelligence. Public profiles show counts and the team's shape only — request a demo for the named individuals, per-person seniority and tenure, and team benchmarks vs peers.

Patent intelligence

$27M patent portfolio · 1,065 active families

Estimated portfolio value
$27M
1.3% of valuation · 2.7× larger than top peer Beijing Interstellar Glory Space Technology ($10M)
1,065 active patent families

Source: Dealroom Patent Intelligence · Patsnap. Request a demo for the full per-sub-category breakdown, individual records, and quality-score history.

Market sentiment

What the market is saying about LandSpace Technology

An AI-synthesized read of the highest-engagement posts about LandSpace Technology on X over the past 7 days. We rank by likes & retweets, ignore corporate channels, and surface the themes that broke out from real people.

Reading the room on X — pulling top posts and synthesizing themes…

Source: X recent search ranked by engagement (likes + retweets) · Synthesis by Claude · Cached for 1 hour

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Live deal flow, founder pedigree, hiring signals, revenue trajectory, and the full cap table.