China wants to replace Jeff Bezos as Musk’s greatest space threat

(Bloomberg) — China is aiming to loosen Elon Musk’s lock on reusable launch vehicles — and close a yawning technology gap with the US.

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Beijing is turning to aerospace startups and state-owned enterprises alike to develop an edge in rockets that can be used dozens of times to lift satellites into low-Earth orbit.

One company trying to meet that challenge is LandSpace Technology Corp., whose Zhuque-3 reusable rocket successfully completed a 10 kilometer (6.2 mile) vertical takeoff and landing return test flight at the Jiuquan Satellite Launch Center on Wednesday. According to Chinese state media, it marked a “significant breakthrough in China’s commercial space industry” and was a “crucial step toward achieving high capacity, low cost, high frequency and reusability in future space launches.”

Another startup in the wings is Deep Blue, a closely held firm that’s also planning to test a reusable rocket as soon as this week. A successful demonstration would bring it too one step closer to providing the type of regular orbital deployment service offered by SpaceX’s reusable Falcon 9 rockets.

A SpaceX Falcon 9 rocket carrying a payload of 53 Starlink satellites lifts off from Cape Canaveral, Florida, U.S., April 21, 2022. REUTERS/Steve Nesius · (REUTERS / Reuters)

Huo Liang, the chief executive officer of Jiangsu Deep Blue Aerospace Technology Co., said SpaceX is setting the pace for the rest of the space industry. “Their rockets are now flying routinely, and repeatedly executing commercial missions, whereas China has not yet mastered this technology.”

While China’s space program has matched NASA with multiple landings on the moon and Mars, it hasn’t kept pace by developing rockets that can be used again and again. It’s not alone. Most other Asian, European and Russian craft also rely on single-use launch vehicles, giving Musk’s SpaceX a near-monopoly on the global market.

Jeff Bezos’ Blue Origin LLC has come close with its reusable New Shepard rocket, which makes sub-orbital missions taking passengers to space for a few minutes. His bigger New Glenn rocket, designed to deliver satellites to orbit and fly a minimum of 25 times, is expected to debut in November, four years behind schedule.

Blue Origin is owned by Amazon founder Jeff Bezos. (Mario Tama/Getty Images) · (Mario Tama via Getty Images)

Since 2017, SpaceX has been reusing the boosters of its rockets, enabling it to offer lower-cost launches at rapid intervals and build out its network of more than 6,000 satellites for its worldwide Starlink internet service.