LandSpace's Zhuque-3 is scheduled for a maiden flight this Saturday; if reusable, it could cut launch costs and speed deployment of satellites. China’s commercial space sector has exploded to more than 90,000 firms and a market value that surpassed 1 trillion yuan in 2020, growing at roughly 22% annually. Analysts see a progression from Falcon 1–class rockets to reusable medium-lift vehicles that could support national constellations like GuoWang and Qianfan. Regulatory moves in Beijing aim to streamline approvals and boost commercial satellite services.
China’s LandSpace Prepares Zhuque-3 Reusable Rocket Test — Elon Musk and Analysts Take Notice
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