{"id":25433,"date":"2026-06-20T23:06:03","date_gmt":"2026-06-20T15:06:03","guid":{"rendered":"https:\/\/wp-productionenv-bjg9h2g2bgg5b8aa.southeastasia-01.azurewebsites.net\/news\/decoding-beijing-interstellar-glory-space-technology-co-ltd-the-first-private-company-in-china-to-achieve-a-rocket-into-orbit\/"},"modified":"2026-06-20T23:06:03","modified_gmt":"2026-06-20T15:06:03","slug":"decoding-beijing-interstellar-glory-space-technology-co-ltd-the-first-private-company-in-china-to-achieve-a-rocket-into-orbit","status":"publish","type":"post","link":"https:\/\/starpath.global\/news\/decoding-beijing-interstellar-glory-space-technology-co-ltd-the-first-private-company-in-china-to-achieve-a-rocket-into-orbit\/","title":{"rendered":"Decoding Beijing Interstellar Glory Space Technology Co., Ltd., the first private company in China to achieve a rocket into orbit"},"content":{"rendered":"<p>1. Basic information<\/p>\n<p>Beijing Interstellar Glory Space Technology Co., Ltd. was established in October 2016. It includes wholly-owned subsidiaries Interstellar Technology, Interstellar Defense, Interstellar Intelligent Manufacturing, Shaanxi Interstellar Glory, Hainan Interstellar Glory and Hebei Interstellar Glory. At 13:00 on July 25, 2019, the Hyperbolic 1 rocket was successfully launched for the first time. Interstellar Glory became the third private company in the world and the first Chinese private company to achieve a rocket into orbit.<\/p>\n<p>2. Company layout<\/p>\n<p>Beijing: Construction of rocket assembly, storage tanks, riveting, conduits, machining production lines, and physical and chemical testing centers.<\/p>\n<p>Shaanxi: Power system supporting base.<\/p>\n<p>Hebei: Liquid rocket engine test station.<\/p>\n<p>Hainan: Reuse factory for medium and large reusable liquid launch vehicles.<\/p>\n<p>3. Company development history<\/p>\n<p>Interstellar Glory was the first domestic private enterprise to achieve a rocket into orbit, and once became the vanguard of domestic private rocket companies. However, with the three consecutive failures of the Hyperbola-1 small solid rocket, the company once fell into a difficult dormant period. On April 7, 2023, with the successful go-around of the Hyperbolic One Yaoliu &#8220;Lianyungang&#8221;, the company&#8217;s situation gradually improved.<\/p>\n<p>4. Founder<\/p>\n<p> Peng Xiaobo: Formerly director of the General Office of the Overall Design Department and Director of the Research and Development Center of the China Institute of Launch Vehicle Technology. <\/p>\n<p>5. Product Type Spectrum<\/p>\n<p>(1) Launch vehicles: solid launch vehicle SQX-1, liquid launch vehicle SQX-2, medium and large liquid launch vehicle SQX-3.<\/p>\n<p>1. Solid launch vehicle SQX-1: The Hyperbolic 1 launch vehicle is a four-stage small solid launch vehicle. All four stages are solid engines, supplemented by a liquid attitude control engine.<\/p>\n<p>(1) Basic information<\/p>\n<p>The rocket has a diameter of 1.4 meters, a total length of 24 meters, a total mass of about 42 tons, and a take-off thrust of 770 kN. The LEO transport capacity is greater than 520 kilograms, the 500-kilometer sun-synchronous orbit has a carrying capacity of more than 300 kilograms, and the 700-kilometer sun-synchronous orbit has a carrying capacity of 225 kilograms.<\/p>\n<p>series<\/p>\n<p>Basic information<\/p>\n<p>First level<\/p>\n<p>The diameter of the first sub-stage is 1.4 m, the length is 8.678 m, the propellant uses three components of butyl and hydroxyl, the filling volume is 18 tons, the combustion time is not less than 56 s, the specific impulse is 245 s, and the thrust is not less than 770 kN. The thrust-to-weight ratio is approximately 1.83.<\/p>\n<p>Second level<\/p>\n<p>The diameter of the second stage is 1.4 m, the length is 6.665 m, the propellant uses three components of butyl and hydroxyl, the filling volume is 13 tons, the combustion time is not less than 60 s, the high-altitude specific impulse is 282 s, and the thrust is not less than 597 kN.<\/p>\n<p>Third level<\/p>\n<p>The third sub-stage has a diameter of 1.4 m and a length of 2.616 m. The propellant uses three components of butyl and hydroxyl, the filling volume is 3.85 tons, the combustion time is not less than 56 s, the high-altitude specific impulse is 290 s, and the thrust is not less than 195 kN.<\/p>\n<p>fourth child level<\/p>\n<p>The diameter of the fourth sub-stage is 1.4 m, the length is 1.895 m, the propellant uses three components of butyl and hydroxyl, the filling volume is 1.05 tons, the combustion time is not less than 50 s, the high-altitude specific impulse is 290 s, and the thrust is not less than 60 kN.<\/p>\n<p>fairing<\/p>\n<p>The outer diameter of the fairing is 1.4 m, the inner diameter is 1.1 m, the total height is about 3.3 m, and the height of the internal space is 2.4 m.<\/p>\n<p>(2) Launch price<\/p>\n<p> The launch price of Hyperbola-1 is US$5 million, which is approximately RMB 35 million. <\/p>\n<p>2. Liquid launch vehicle SQX-2<\/p>\n<p>The Hyperbolic 2 launch vehicle is a small liquid launch vehicle that adopts a two-stage series configuration and is used to provide small satellite launch services. The total length is 28m, the diameter is 3.35m, the take-off mass is 90t, and the carrying capacity is 1.1t\/@LEO (recyclable) and 2t\/@LEO (disposable). Hyperbolic 2Y (SQX-2Y) is designed according to the full size of the first sub-stage of Hyperbolic 2 and is used to verify the vertical recovery and reuse of the liquid oxygen methane reusable launch vehicle. In order to meet the launch needs of the StarNet Group and form a closed commercial loop, StarGlory has stopped the development of Hyperbola 2 and is fully committed to the development of Hyperbola 3.<\/p>\n<p>series<\/p>\n<p>Basic information<\/p>\n<p>First level<\/p>\n<p>It has a diameter of 3.35 m and is equipped with nine Focus-1 (JD-1) 15-ton reusable liquid oxygen methane liquid rocket engines with a take-off thrust of 106 t.<\/p>\n<p>Second level<\/p>\n<p>It has a diameter of 2.25 m and is equipped with a Focus-1 (JD-1) 15-ton reusable liquid oxygen methane liquid rocket engine. Focus No. 1 has a vacuum thrust of 15 tons, a vacuum specific impulse greater than 355 seconds, and a variable thrust range of 40% to 105%.<\/p>\n<p> 3. Medium and large liquid launch vehicle SQX-3 <\/p>\n<p>Hyperbola-3 SQX-3: Hyperbola-3 launch vehicle is a medium-sized reusable liquid launch vehicle developed for the needs of large-scale constellation networking. The total length is 70m, the diameter is 4.2m, and the take-off mass is 490t (basic type).<\/p>\n<p>series<\/p>\n<p>Basic information<\/p>\n<p>Universal core level module<\/p>\n<p>Installed with nine Focus-2 (JD-2) 85-ton liquid oxygen methane engines, it has the capability of return-to-site recovery and off-route recovery. It can land vertically at land recovery sites and offshore recovery platforms. One sub-stage can be reused no less than 20 times.<\/p>\n<p>Second level<\/p>\n<p>Installing a vacuum version of the Focus No. 2 (JD-2) engine can achieve multiple ignitions.<\/p>\n<p>(2) Engines: Focus 1 (JD-1), Focus 2 (JD-2).<\/p>\n<p>1. Focus No. 1 (JD-1): The Focus No. 1 engine is a 15-ton reusable liquid oxygen methane engine that can be reused no less than 20 times.<\/p>\n<p>(1) Basic information<\/p>\n<p>quality<\/p>\n<p>fuel<\/p>\n<p>oxidizing agent<\/p>\n<p>fuel cycle method<\/p>\n<p>Multiple ignition starts<\/p>\n<p>Thrust adjustment range<\/p>\n<p>combustion chamber<\/p>\n<p>184 kg<\/p>\n<p>Methane<\/p>\n<p>liquid oxygen<\/p>\n<p>gas generator cycle<\/p>\n<p>No less than 2 times<\/p>\n<p>45%\uff5e105%<\/p>\n<p>1<\/p>\n<p>(2) Performance<\/p>\n<p>Thrust (vacuum)<\/p>\n<p>Thrust (sea level)<\/p>\n<p>Specific impulse (vacuum)<\/p>\n<p>combustion chamber pressure<\/p>\n<p>15 t<\/p>\n<p>11.8 t<\/p>\n<p>>355 s<\/p>\n<p>9.2 MPa<\/p>\n<p>2. Focus 2 (JD-2): The Focus 2 engine is a high-thrust gas generator circulating liquid oxygen methane rocket engine. It adopts a fully electronically controlled valve, electric servo, and post-pump rocking scheme, and can be reused 20 times. Core technologies include torch ignition, 3D printing, fully electric valves and intelligent fault diagnosis.<\/p>\n<p>(1) Basic information<\/p>\n<p>quality<\/p>\n<p>fuel<\/p>\n<p>oxidizing agent<\/p>\n<p>fuel cycle method<\/p>\n<p>Multiple ignition starts<\/p>\n<p>Thrust adjustment range<\/p>\n<p>combustion chamber<\/p>\n<p>867 kg<\/p>\n<p>Methane<\/p>\n<p>liquid oxygen<\/p>\n<p>gas generator cycle<\/p>\n<p>No less than 3 times<\/p>\n<p>35%\uff5e110%<\/p>\n<p>1<\/p>\n<p>(2) Performance<\/p>\n<p>Thrust (vacuum)<\/p>\n<p>Thrust (sea level)<\/p>\n<p>Specific impulse (vacuum)<\/p>\n<p>Specific impulse (sea level)<\/p>\n<p>combustion chamber pressure<\/p>\n<p>Push-to-mass ratio<\/p>\n<p>105 t<\/p>\n<p>85 t<\/p>\n<p>350 s<\/p>\n<p>>300 s<\/p>\n<p>10<\/p>\n<p> MPa<\/p>\n<p>\uff1e100<\/p>\n<p> 6. Financing situation <\/p>\n<p>date<\/p>\n<p>rounds<\/p>\n<p>Amount<\/p>\n<p>investors<\/p>\n<p>2017.11.14<\/p>\n<p>angel wheel<\/p>\n<p>Undisclosed<\/p>\n<p>Jiutai Lanshan, CITIC Juxin, Nanjing Iron &#038; Steel Co., Ltd.<\/p>\n<p>2018.03.15<\/p>\n<p>Pre-A<\/p>\n<p>Undisclosed<\/p>\n<p>Tianfeng Tianrui, Jiutai Blue Mountain, CITIC Juxin<\/p>\n<p>2018.07.01<\/p>\n<p>Series A<\/p>\n<p>Undisclosed<\/p>\n<p>Jingwei China<\/p>\n<p>2019.06.01<\/p>\n<p>A+ round<\/p>\n<p>Undisclosed<\/p>\n<p>Ward Financial Investment, Beijing-Hong Kong Hezhong<\/p>\n<p>2020.08.25<\/p>\n<p>Round B<\/p>\n<p>1.1925 billion yuan<\/p>\n<p>Beijing Financial Street Capital Operations Center led the investment, and was followed by CICC Jiazi, Guanghe Xincheng, Tai Zhonghe Investment, Sequoia Capital China Fund, CITIC Securities, China Merchants Securities, Xuanshi Tiancheng, Shanghai Science and Technology Innovation Fund, Yinshengtai Capital, Linglong Jinshan Equity Investment, Yaxiang Xingtai, Kailian Capital, Zhuhai Shunlian, Nanping Baiyi, etc. Old shareholders Matrix Partners China, CDH Investment, Ganquan Capital, etc. continued to invest.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>1. Basic information Beijing Interstellar Glory Space Technology Co., Ltd. was established in October 2016. It includes wholly-owned subsidiaries Interstellar Technology, Interstellar Defense, Interstellar Intelligent Manufacturing, Shaanxi Interstellar Glory, Hainan Interstellar Glory and Hebei Interstellar Glory. At 13:00 on July 25, 2019, the Hyperbolic 1 rocket was successfully launched for the first time. Interstellar Glory [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":"","_links_to":"","_links_to_target":""},"categories":[2],"tags":[],"class_list":["post-25433","post","type-post","status-publish","format-standard","hentry","category-news"],"acf":[],"_links":{"self":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/25433"}],"collection":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/comments?post=25433"}],"version-history":[{"count":0,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/posts\/25433\/revisions"}],"wp:attachment":[{"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/media?parent=25433"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/categories?post=25433"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/starpath.global\/blog\/wp-json\/wp\/v2\/tags?post=25433"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}