Chinese launch company LandSpace announced on Wednesday that it has completed a series C+ funding round valued at $175 million (1.2 billion yuan) to fund its Zhuque-2 booster.
Landspace raised $73 million (500 million yuan) in a C round last December.
The 49.5 meter tall Zhuque-2 booster is powered by liquid oxygen (LOX) and cryogenic methane. It is designed to to deliver the following payloads to Earth orbit:
|2.2||1,100 km||Sun synchronous|
|4.0||500 km||Sun synchronous|
|6.0||200 km||Low Earth|
The booster and fairing diameters are 3.35 m. The liftoff mass of the rocket is 216 metric tons and the booster has a liftoff thrust of 268 metric tons.
Landspace is working toward a maiden launch of the new booster in June 2021.
Landspace has been busy testing the rocket’s motors. Engineers conducted three gimballed hot fires of the 80-ton thrust Tianque 12 LOX-methane engine between May 9 and May 13, the company said.
On July 14, engineers conducted a continuous hot fire of the 10-ton thrust Tianque 11 LOX-methane engine for 3,000 seconds, Landspace said.