LandSpace's Zhuque-3 rocket successfully reached orbit on its maiden flight from the Jiuquan Satellite Launch Center, marking a significant milestone for the Chinese aerospace company. However, the mission fell short of full success as the rocket's booster failed to recover due to a landing burn failure at an altitude of 3 kilometers. The Zhuque-3, a stainless steel, methane-powered rocket, is designed to be reused up to 20 times and can carry an 18-tonne payload to low Earth orbit, drawing comparisons to SpaceX's Falcon rockets. This launch comes amid China's updated IPO regulations for reusable rocket companies, following a single orbital success, as noted by the Shanghai Stock Exchange. Additionally, there is increasing interest in space-related token projects, reflecting a growing trend in the blockchain sector.
LandSpace Zhuque-3 Achieves Orbit but Misses Booster Recovery
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