iSpace develops the Hyperbola-3 reusable orbital launch vehicle, with its maiden launch and a December 2026 orbital launch and landing targeted.
iSpace (Beijing Interstellar Glory) is a Chinese launch company whose Hyperbola-1 was the first Chinese private rocket to orbit (2019, a mixed record since), now rebuilding around the large methalox VTVL Hyperbola-3 with sea-based recovery planned and a 20-vehicles-a-year target. It closed a RMB 5.037B (~$730M) D++ round in February 2026 for Hyperbola-3 and completed landing-leg shock tests, though the flight vehicle was rumored not ready before March 2026. It is the first-mover that lost the lead, pre-revenue and in the IPO queue.
4 facts on file. Members see all of them with the source link.
Traction: deployment, production, commercials, progress. Capability: technology, positioning, firepower, leverage.
iSpace develops the Hyperbola-3 reusable orbital launch vehicle, with its maiden launch and a December 2026 orbital launch and landing targeted. iSpace (Beijing Interstellar Glory) is a Chinese launch company whose Hyperbola-1 was the first Chinese private rocket to orbit (2019, a mixed record since), now rebuilding around the large methalox VTVL Hyperbola-3 with sea-based recovery planned and a 20-vehicles-a-year target. It closed a RMB 5.037B (~$730M) D++ round in February 2026 for Hyperbola-3 and completed landing-leg shock tests, thoug
iSpace (Beijing Interstellar Glory) is on the Space watchlist list of Frontier Tech Intelligence with a score of 50 out of 100, below the Top 100.
iSpace (Beijing Interstellar Glory) is based in Beijing, Beijing, China. Stage: Public.
Subscribers see the full file, every signal, the live ranking and the questions the signals answer: where money moved, who controls the layer, where supply is constrained. $99 a month, 7-day trial. What Frontier Tech Intelligence is →