Posted inScience & Space

Cosmoleap raises $73 million for reusable Yueqian-1 rocket

Chinese launch startup Cosmoleap has secured 500 million yuan, or about $73 million, to build Yueqian-1, a reusable rocket that aims to borrow SpaceX-style tower recovery and reach first launch in 2027. That is an aggressive timetable for a company that only began operating in March 2024, but it fits a wider Chinese push to […]