[10] Landspace Technology Corporation was established in 2015, after a Chinese government policy change in 2014 that allowed private capital into the space industry.

[11] Since its founding, the company has established several aerospace infrastructure sites in Zhejiang, including a $1.5 billion medium and large-scale liquid rocket assembly and test plant in Jiaxing and an intelligent manufacturing base in Huzhou.

Despite successful first and second stage firings and fairing separation, the payload failed to reach orbit due to a third-stage issue.

[16] Following the launch, reports emerged that the solid rocket motor manufacturer had ended its contract with LandSpace, casting doubt on the future of Zhuque-1.

[10] Zhuque-3 (ZQ-3) is an under-development, two-stage, medium-to-heavy launch vehicle made of stainless steel and powered by liquid methane fuel.

The maiden flight of the rocket is planned for 2025,[10] aiming to achieve the milestone of first-stage recovery within the same year, and progressing towards reusability by 2026.

[18] Additionally, the company had previously announced plans to develop a 200-tonne class full-flow staged combustion engine BF-20, which is expected to be ready by 2028 for a future version of Zhuque-3.

LandSpace is in competition with several other Chinese space rocket startups, among them LinkSpace, Galactic Energy, ExPace, i-Space, OneSpace and Deep Blue Aerospace.