CHINA’S ISPACE RAISES FIRST BATCH OF SERIES E FUNDING FOR REUSABLE ROCKETRY

Chinese reusable launch vehicle maker iSpace announced that it has secured the first batch of its Series E funding round in Helsinki, following a large D++ round earlier this year. The capital infusion comes as iSpace continues to raise additional funds to expand its reusable rocket program.

SpaceNews reports that the Series E round was raised months after the earlier D++ funding, but the article does not disclose the exact amount. The funding is described as part of an ongoing fundraising effort, suggesting that iSpace is building capacity for its reusable launch vehicles. No direct quotes or figures are provided in the release.

iSpace’s Series E round underscores the growing momentum of private Chinese space companies investing in reusable launch technology, a key strategic focus for China’s space industry. The announcement comes amid broader industry activity, with related coverage noting increased vehicle production at other companies and discussions of China’s five‑year climate plan.

• iSpace has secured the first batch of its Series E funding after a significant D++ round.
• The funding is part of an ongoing capital-raising effort, though exact figures are not disclosed.
• The move highlights China's expanding private sector focus on reusable launch vehicles.

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