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#Landspace is going to attempt the launch of the ZQ-2 rocket (aka Zhuque-2). This is China’s 1st liquid-fueled commercial rocket, one of the first methalox-fueled rockets globally, and this could be a turning point for Chinese launch.
Let's recap the situation in a thread 🧵
First, some context: At least 15+ commercial launch companies have been formed since 2014.
Although this seems like a excessive number, a consolidation has not taken place (yet) as most companies are still early stage and supported by VC money & local governments.
Regarding actual commercial launch capacity, we’re starting to see regular launches of solid-fueled rockets. There are no less than 7 rockets at the moment: The Kuaizhou-1A & 11, Jielong-1 & 3, Lijian-1, Ceres-1 and the Hyperbola 1.
3 of the 7 were put into service in 2022 alone.
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