Introduction
iSpace is a private Chinese space launch company founded in 2016. It focuses on the development and operation of small to medium-sized launch vehicles for commercial purposes.
List of Launch Vehicle
Hyperbola-1: A four-stage solid-fueled rocket designed to carry small payloads into low Earth orbit (LEO). It successfully completed its first orbital launch in July 2019.
Hyperbola-2: A larger, reusable launch vehicle currently in development. It features a liquid-fueled first stage and is designed to carry heavier payloads compared to Hyperbola-1.
Services
iSpace provides commercial launch services for small to medium-sized satellites, including CubeSats and microsatellites. The company also offers rideshare opportunities, allowing multiple payloads to share a single launch.
Financial Situation
As of the latest reports, iSpace has secured significant funding from various investors. In recent rounds, the company has raised hundreds of millions of dollars to support the development of its launch vehicles and expansion of its services. However, specific financial details and valuations are not publicly disclosed.