China LandSpace's methane-powered rocket sends satellites into orbit
Saturday, 9 December 2023 LandSpace Technology, a Chinese private rocket startup, successfully launched a rocket using methane rocket fuel developed by them. This milestone launch of three satellites into orbit is a significant achievement for LandSpace and boosts investor confidence in methane as a potential rocket fuel. The success of LandSpace's rocket could support the development of reusable rockets in a cleaner and more efficient way. This launch marks the increasing competition among Chinese private rocket startups in China's expanding commercial space industry.
Rocket Lab, Inc. is a publicly traded aerospace manufacturer and launch service provider[4] that operates and launches lightweight Electron orbital rockets[4] used to provide dedicated launch services..