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Founded Year



Series B | Alive

Total Raised


Last Raised

$173.65M | 2 yrs ago

About iSpace

iSpace is a solution provider of commercial use rockets launching systems.

iSpace Headquarters Location

Room 315, Building 1 Disheng South Street No.9, Yizhuang Economic and Technological Development Zone

Beijing, Beijing,



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Latest iSpace News

China’s iSpace Suffers Third Consecutive Failure of Hyperbola-1 Rocket

May 14, 2022

Friday the 13th was an unlucky day for Chinese launch provider iSpace, which saw its Hyperbola-1 rocket suffer its third straight launch failure. The Xinhua news agency reported the Hyperbola-1 rocket suffered “abnormal performance” after lifting off from the Jiuquan Satellite Launch Center at 3:09 p.m. Beijing time (3:09 a.m. EDT). The cause of the failure is under investigation, the agency said. The  Jilin-1 Mofang-01A Earth observation satellite was lost in the failure. It was a replacement for a satellite lost when a Hyperbola 1 booster failed in August 2021. The rocket also failed to orbit unidentified payloads in February 2021. The four-stage, solid-fuel booster is now one for four in launches since a successful maiden flight in July 2019 for which iSpace became the first private Chinese company to orbit a satellite. Post navigation

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iSpace Rank

  • When was iSpace founded?

    iSpace was founded in 2016.

  • Where is iSpace's headquarters?

    iSpace's headquarters is located at Room 315, Building 1, Beijing.

  • What is iSpace's latest funding round?

    iSpace's latest funding round is Series B.

  • How much did iSpace raise?

    iSpace raised a total of $173.65M.

  • Who are the investors of iSpace?

    Investors of iSpace include Matrix Partners China, CDH Investments, Yaxiang Xingtai, Capitallink Group, Nanping Baiyi and 20 more.

  • Who are iSpace's competitors?

    Competitors of iSpace include ClarisHealth.

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