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Chinese Space Ventures Unveil Tourism Plans, Advance IPOs and Reusable Rockets

The latest announcements point to a pivot from prototypes to revenue-ready services.

Overview

  • ChuanYueZhe published a three-step human spaceflight roadmap targeting suborbital rides by 2028, orbital trips around 400 km by 2032, and lunar‑orbit tourism by 2038.
  • The company opened pre-sales at 3 million yuan per seat with a 10% deposit to reserve a spot, reporting orders for over three capsules and more than 20 paying customers.
  • ChuanYueZhe named its first cohort of passengers, including actor Huang Jingyu, academician Li Licheng, several business and tech figures, and the PM01 humanoid robot.
  • ChuanYueZhe said its CYZ1 test capsule completed a landing‑cushion system verification this month with key metrics exceeding targets.
  • Zhongke Yuhang disclosed completion of IPO counseling and entry into acceptance on Jan. 16, while separately reporting a roughly 120 km suborbital flight with parachute recovery described as a domestic first for commercial firms; LandSpace said it aims this year for a Zhuque‑3 first-stage return with partial reflight before moving to batch production to support LEO constellation launches.