Orienspace

Orienspace (also named Orien Space Shandong Technology and oSpace) is a Chinese private space launch enterprise founded in 2020 and developing the medium-class orbital launch vehicle named Gravity-1 (Yinli-1). Intended for a first flight in 2023, the rocket would have the capacity to lift 3 tons to low Earth orbit.[1]

In June 2021, the company raised $62 million in funding.[2][3]

In November 2021 the company appointed Yao Song as Co-CEO who was formerly founder of Shenjian Technology, a company that developed semiconductors for autonomous driving, smart security, cloud computing, and AI.[4]

In January 2022 the company has secured nearly $47.3 million in its pre-Series A round of financing to develop powerful rocket engines.[5]

Marketplace

Orienspace is in competition with several other Chinese solid rocket startups, being Galactic Energy, LandSpace, LinkSpace, ExPace, i-Space, OneSpace, Deep Blue Aerospace

References


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