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Shanghai Dahang Yueqian Aerospace Technology

Space · China · Founded 2024

Develops low-cost, reusable launch vehicles with ground capture tech, supporting satellite and space projects MoreLess

Shanghai Dahang Yueqian Aerospace Technology Co., Ltd., operating under the name Cosmoleap, is a Chinese aerospace company established in March 2024 with its headquarters in Beijing. The firm is focused on the development and operation of medium-to-large reusable launch vehicles, positioning itself within China's rapidly growing commercial space sector. Its primary objective is to create low-cost, high-reliability rockets to support the construction of national satellite internet constellations, a key strategic priority for the country.

Cosmoleap garnered significant attention by securing over 100 million yuan (approximately $14 million USD) in a funding round in November 2024. This round attracted a diverse group of investors, including state-owned enterprises like Shenergy Chengyi, venture capital firms such as Boyan Venture Capital, ICY Capital, K2VC, and Tianjin Venture Capital, and private investor Zhang Chao. This capital is being deployed to advance the development of its flagship rocket, the Yueqian (also known as "Leap-1").

The company's core product is the Yueqian-1, a methane-powered reusable rocket. This launch vehicle is designed to be 75 meters long with a 4.0-meter diameter. It has a projected payload capacity of 10,460 kilograms to a 1,000-kilometer orbit in its expendable configuration, and 6,280 kilograms when the first stage is reused. A distinguishing feature of Cosmoleap's strategy is its recovery system, which is modeled after SpaceX's "chopstick" tower-based landing mechanism. This approach eliminates the need for landing legs on the rocket itself, which reduces weight and potentially increases payload capacity. The company has already initiated ground tests for this tower recovery system.

To support its rocket's functionality, Cosmoleap is also developing key proprietary technologies. This includes the FLOTONE ONE, an onboard computer that integrates flight control, engine thrust control, and telemetry acquisition, utilizing automotive and industrial-grade components to balance cost and reliability. The company has also completed ground hot-fire tests for the 100N and 300N engines that comprise the auxiliary propulsion system, which is crucial for controlling the rocket's attitude during flight. Cosmoleap has ambitious long-term plans that include the development of a much larger, 126-meter rocket with a reusable payload capacity of 36 tons, targeting a potential first flight in 2030.

Keywords: reusable launch vehicles, commercial space, satellite constellations, methane-powered rocket, tower recovery system, chopstick landing, space exploration, aerospace engineering, launch services, Yueqian rocket, Leap-1, Chinese aerospace, satellite internet, rocket propulsion, flight control systems, private spaceflight, space technology, Beijing aerospace, orbital launch, payload deployment

Company overview

Shanghai Dahang Yueqian Aerospace Technology company information

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Status
Operational
Founded
2024
Headquarters
China
Employees
Open positions
None listed
Dealroom signal
21.3
business modelManufacturingsectorSpace TechsectorLaunch VehiclessectorSpace TransportationsectorSpace UpstreamsectorDT and LSsectorscience-basedindustrySpaceclient focusb2btechnologyHardwaretechnologyDeep Tech

Valuation & funding

Shanghai Dahang Yueqian Aerospace Technology funding history

Company financing events and reported valuations.

Deal typeDateAmountValuationInvestorsSource
EARLY VCOther financing May 2026 $69M $275M Goldport Capital · Yuanchuang Capital · Shanghai Angel Club · Houji Capital
SEEDOther financing Mar 2026 Zhongtianjixie · Xiangtan Special Cable · New Access Capital
SEEDOther financing Nov 2024 $14M $55M Tianjin Venture Capital · K2VC · Shenneng Chengyi · Boyan fund
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Growth signals

Shanghai Dahang Yueqian Aerospace Technology website traffic

Latest recorded traffic for Shanghai Dahang Yueqian Aerospace Technology is 880 monthly website visits, up 29.4% over the last three months.

Latest monthly visits880 3-month web change+29.4%
Monthly website visits7 observations · Oct 2024–Sep 2025
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Comparisons

Shanghai Dahang Yueqian Aerospace Technology compared with similar companies

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Talent graph

Shanghai Dahang Yueqian Aerospace Technology's talent

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Investors

16 investors on Shanghai Dahang Yueqian Aerospace Technology's cap table

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Seed 7 investors entered at this stage
Shenneng Chengyi
Tianjin Venture Capital
K2VC
Boyan fund
Zhongtianjixie
Xiangtan Special Cable
New Access Capital
Series A 9 investors entered at this stage
Houji Capital
Puhua Capital
Qianhai Ark Asset Management
Goldport Capital
Yuanchuang Capital
Shanghai Angel Club
Junchuan Capital
Huifengda
Zhongzhong Technology

Global footprint

Where Shanghai Dahang Yueqian Aerospace Technology has talent and traffic

Workforce by country
🇨🇳 China HQ
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In the news

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Market sentiment

What the market is saying about Shanghai Dahang Yueqian Aerospace Technology

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