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China's LandSpace Launches Zhuque-3 to Cut Satellite Costs

11/26/2025

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Story summary
  • LandSpace, a Beijing-based start-up, plans to launch its Zhuque-3 reusable rocket.
  • The launch could lower satellite launch costs as China seeks to compete with the United States.
  • Reusable rocket technology, developed by SpaceX, would mark a milestone for China's commercial space sector.
  • According to Qichacha, the industry has about 90,000 space-related companies, with nearly 60% founded in the last three years.