China’s LandSpace Prepares to Challenge SpaceX in Reusable Rocket Market

Image/Reuters.

China’s private rocket firm LandSpace is preparing to challenge SpaceX in the global reusable rocket market, aiming to boost China’s commercial space ambitions and satellite capabilities.

Beijing-based LandSpace conducted the maiden flight of its Zhuque-3 reusable rocket earlier this month, though the test ended in failure, marking the first such attempt by a Chinese private company.

Chief designer Dai Zheng said the company aims to offer a low-cost alternative for satellite launches...