Chinese launch startup Cosmoleap secures funding for rocket featuring chopstick recovery system
Chinese launch company Cosmoleap has raised over 100 million yuan ($14 million) to develop its Yueqian reusable rocket and a recovery system modeled after SpaceX’s technology. Founded in March 2024, Cosmoleap aims to create low-cost, reliable launch vehicles to support satellite Internet, particularly for China’s megaconstellation plans. The company plans its first test flight of the Yueqian rocket, a methane-fueled vehicle, by 2025 or 2026. … Continue reading Chinese launch startup Cosmoleap secures funding for rocket featuring chopstick recovery system
