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 of lifting a 3-tonne payload to
LEO
Leo or Léo may refer to:
Acronyms
* Law enforcement officer
* Law enforcement organisation
* ''Louisville Eccentric Observer'', a free weekly newspaper in Louisville, Kentucky
* Michigan Department of Labor and Economic Opportunity
Arts an ...
.
Orienspace is headquartered in
Jinan, Shandong, and has liaison offices in
Qingdao
Qingdao (, also spelled Tsingtao; , Mandarin: ) is a major city in eastern Shandong Province. The city's name in Chinese characters literally means " azure island". Located on China's Yellow Sea coast, it is a major nodal city of the One Belt ...
and
Shanghai.
In June 2021, the company raised $62 million in funding.
[ ]
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.
In January 2022 the company has secured nearly $47.3 million in its pre-Series A round of financing to develop powerful rocket engines.
In May 2022 the company has raised $59.9 million in a Series A funding round.
In November 2022 the company revealed its launch service plan, confirming their maiden flight of Gravity-1 for mid-2023 and introducing two rideshare opportunities for the fourth quarter of 2023 and the first quarter of 2024, with a total of 10 launches planned between 2024 and 2025. In March 2023 the date of the maiden flight has been moved to Q4 2023, with the following rideshare opportunities to take place starting from the second quarter of 2024.
Marketplace
Orienspace is in competition with several other Chinese space rocket startups, being
Galactic Energy,
LandSpace,
LinkSpace,
ExPace,
i-Space,
OneSpace and
Deep Blue Aerospace.
References
External links
Official website
Aerospace companies of China
Space launch vehicles of China
Private spaceflight companies
Commercial spaceflight
Commercial launch service providers
Chinese companies established in 2020
Companies based in Shandong
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