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Space Tech Sector in China

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About Space Tech sector in China

The Space Tech sector in China comprises 108 companies, including 51 funded companies having collectively raised $3.4B in venture capital money and private equity. Out of these, 25 are Series A+ funded, and 1 has achieved unicorn status.
Space Tech sector in China has seen 1 IPO.
This sector includes newspace is an industry in which private companies, startups and entrepreneurs try to build products for Space.
Space Tech sector is also known as Space Technology or New Space.
Companies(non-governmental) which develop spaceflight technologies for commercial space market. Companies developing new launch systems, satellites, spacecrafts, new propulsion systems, new antenna systems, etc. principally with private funding. Also includes companies providing space services such as tourism, satellite communication, imaging, space burial services etc. Government space agencies, companies highly reliant on govt. agencies, defence grants and projects are excluded.
Key Metrics
Total Companies
Total Funding
Funded Companies
Series A+ Companies
Series C+ Companies
Unicorns Created
IPOs
Also known as
Space Technology or New Space

Top Space Tech Companies in China

There are 108 Space Tech startups in China which include Landspace, Deep Blue Aerospace, Galactic Energy, iSpace, Beijing Space Pioneer Technology. Out of these, 51 startups are funded, with 25 having secured Series A+ funding, and 1 achieving unicorn status.
Over the past 10 years, an average of 5 new companies have been launched annually. Notably, several of these startups have been founded by alumni of The Chinese University of Hong Kong (CUHK), Tsinghua University and University of Manchester.

Here is the list of top Space Tech startups in China

LandSpace develops launch vehicle systems to provide launch mission services. It has its proprietary commercial launch vehicles ZQ-1 and ZQ-2. It also has its proprietary propulsion systems Tianque(TQ) 80t Thrust -Level LRE (liquid-fuel rocket engine) and Phoenix 10t Thrust- Level LRE.

Key facts about Landspace

Developer of liquid-propellant rocket engines and reusable launch vehicle technologies. The company focuses on creating engines and launch vehicles. It designs and manufactures rocket components. The company also develops recovery and reuse technologies for its launch systems.

Key facts about Deep Blue Aerospace

Manufacturer of commercial launch vehicles for small payloads. It has developed solid and liquid propellant launch vehicles, which are carrier rockets for the narrow-band IoT-based network construction and constellation supplement launches. Its in-house engines portfolio includes liquid-propellant engines that are reusable open cycle kerosene engines with variable thrusts, and solid propellant engines with variable thrusts. It also offers launching services with multiple launch plan options.

Key facts about Galactic Energy

iSpace develops and provides commercial launch vehicles and launch solutions. The product portfolio includes Hyperbola-1 (a small solid rocket that uses four-stage tandem configuration, operates in a low-earth orbit, and carries a capacity of 300kg), Hyperbola-3 (LEO based two-stage reusable liquid carrier rocket/launch vehicle with a diameter of 2.5m and a total length of 38m), and sub-orbital travel concept spaceship. The company claims its launch vehicles to have multiple features including low cost, fast response, and flexibility. Additionally, the company also provides launch services to its customers. Clientele includes SpaceX, NASA, ESA, Blue Origin, etc.

Key facts about iSpace

Developer of launch vehicles for large payloads. It provides users with building launching systems for large payloads, such as satellites, spacecraft and supplies. Its features include a liquid rocket engine, launch schedules, and transportation solutions.

Key facts about Beijing Space Pioneer Technology

Companies founded year-on-year in the Space Tech sector in China

17 Space Tech startups in China were founded in 2018 - this is the most number of startups founded in any year in the last 10 years.

Companies founded year-on-year in the Space Tech sector in China2026202520242023202220212020201920182017Founded Year048121620Count of Number of Companies
  • Total Number of Companies
Year
No. of companies
2026
-
2025
2
2024
7
2023
2
2022
6
2021
7
2020
6
2019
3
2018
17
2017
8

Stage-wise distribution of Space Tech sector companies in China

Out of the total 108 Space Tech companies in China, 51 have secured funding. Among them, 25 have reached Series A or higher, and 15 to Series B or beyond.

Founded - 108
Funded - 51
Series A+ - 25
Series B+ - 15
Series C+ - 10
Company Stage
No. of companies
Founded
108
Funded
51
Series A+
25
Series B+
15
Series C+
10
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Top Investors in Space Tech in China

VU Venture Partners is the top investor in Space Tech companies in China based on number of companies invested.
Here are some top investors in Space Tech companies in China:
See a more detailed list of investors

IPOs in Space Tech in China

In the year 1996, till June 1996, 1 IPO happened in Space Tech sector in China.
Here are some recent, important IPOs in Space Tech sector in China:
Company
IPO Date
Exchange Symbol
Jun 19, 1996
Hong Kong Exchanges (HKG)
See a more detailed list of IPOs

Top News in Space Tech in China

View all Top News for Space Tech companies in China

FAQs about Space Tech sector in China

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