i-Space
Chinese commercial small-launch operator (distinct from Japan's ispace). Hyperbola-1 reached orbit July 2019 -- first private Chinese orbital launch -- followed by multiple failures. Hyperbola-3 reusable methalox vehicle in development.
FINANCIAL HEALTH
FLEET COMPOSITION
Every vehicle this operator has flown. Linked profiles carry the full reliability + reuse + subsystem record.
| Vehicle | Class | Launches | Success rate | Reuse | |
|---|---|---|---|---|---|
| Shuang Quxian 1 | — | 8 | 50.0% | — |
RECENT LAUNCHES
| Date | Mission | Vehicle | Orbit | Outcome | |
|---|---|---|---|---|---|
| Jul 29, 2025 | Kunpeng-3 | Shuang Quxian 1 | — | Success | Source ↗ |
| Jul 10, 2024 | Yunyao-1 15 | Shuang Quxian 1 | — | Failure | Source ↗ · Briefing → |
| Dec 17, 2023 | DEAR-1 SM | Shuang Quxian 1 | — | Success | Source ↗ |
| Apr 07, 2023 | Verification Payload | Shuang Quxian 1 | — | Success | Source ↗ |
| May 13, 2022 | Jilin-1 Mofang 1A/R | Shuang Quxian 1 | — | Failure | Source ↗ |
| Aug 03, 2021 | Jilin-1 Mofang 1A | Shuang Quxian 1 | — | Failure | Source ↗ |
| Feb 01, 2021 | Tianshu art payload | Shuang Quxian 1 | — | Failure | Source ↗ |
| Jul 25, 2019 | CAS-7B | Shuang Quxian 1 | — | Success | Source ↗ |
SECTOR POSITION
RECENT COVERAGE
| Date | Source | Headline |
|---|---|---|
| May 07, 2026 | NASASpaceFlight | China prepares cargo, crew, and deep space missions, as commercial sector steps towards reusability |
REGISTRY DATA
Source: space_company_registry.json · Operator homepage → · Wikipedia entry summarising i-Space's Hyperbola-1 first-private-Chinese-orbital launch (July 2019) and subsequent flight history. Operator site i-space.com.cn confirms Beijing HQ.
METHODOLOGY
Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.
Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.