Based on Coinotag, LandSpace's Zhuque-3 reusable rocket successfully reached orbit from Jiuquan Satellite Launch Center on its first flight but failed to recover its first-stage booster due to a landing burn ignition issue at 3 kilometers altitude. The rocket, inspired by SpaceX's Falcon 9, uses stainless steel construction and methane-liquid oxygen propulsion, aiming for up to 20 reuses and an 18-tonne low Earth orbit payload. China has eased IPO rules for reusable rocket firms after one orbital success, according to Shanghai Stock Exchange updates.
LandSpace Zhuque-3 Reaches Orbit but Fails Booster Recovery in SpaceX-Inspired Launch
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Summary
LandSpace Zhuque-3 made its first orbital flight from Jiuquan Satellite Launch Center but missed booster recovery due to a landing burn failure at 3 km altitude. The stainless steel, methane-powered rocket mirrors SpaceX’s design, targeting 20 reuses and 18-tonne LEO payload. Token launch news highlights China’s updated IPO rules for reusable rocket firms after one orbital success, per Shanghai Stock Exchange updates. On-chain news shows growing interest in space-related token projects.
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