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i-Space

Active Launch Private HQ: Beijing, China Founded 2016

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.

45.5
ARI Composite
High Risk
#12 of 22
Peer Rank
Launch cohort
Total Launches
No flights tracked
Estimated valuation
Not disclosed

FINANCIAL HEALTH

45.5
ARI composite · High Risk
Peer rank#12 of 22
Peer groupLaunch
Data coverage72%

SECTOR POSITION

Primary sectorLaunch
Rank within sector#12 of 22
Tracked peers22

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

Legal nameBeijing Interstellar Glory Space Technology Co., Ltd.
OwnershipPrivate
HeadquartersBeijing, China
CountryCN
Founded2016
FounderPeng Xiaobo
CEOPeng Xiaobo
Aliasesi-Space, iSpace, Interstellar Glory, Beijing Interstellar Glory Space Technology
Key programsHyperbola-1, Hyperbola-2, Hyperbola-3

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.