LAUNCH · OPERATOR PROFILE · DATA AS OF 2026-05-14

i-Space

Active Launch Private HQ: Beijing, China Founded 2016

Chinese commercial small-launch operator (distinct from Japan's ispace). Hyperbola-1 reached orbit July 2019 -- first private Chinese orbital launch -- followed by multiple failures. Hyperbola-3 reusable methalox vehicle in development.

45.5

ARI Composite

High Risk

#12 of 22

Peer Rank

Launch cohort

—

Total Launches

No flights tracked

—

Estimated valuation

Not disclosed

FINANCIAL HEALTH

45.5

ARI composite · High Risk

Peer rank#12 of 22

Peer groupLaunch

Data coverage72%

Full finance profile →

SECTOR POSITION

Primary sectorLaunch

Rank within sector#12 of 22

Tracked peers22

REGISTRY DATA

Legal nameBeijing Interstellar Glory Space Technology Co., Ltd.

OwnershipPrivate

HeadquartersBeijing, China

CountryCN

Founded2016

FounderPeng Xiaobo

CEOPeng Xiaobo

Aliasesi-Space, iSpace, Interstellar Glory, Beijing Interstellar Glory Space Technology

Key programsHyperbola-1, Hyperbola-2, Hyperbola-3

Source: space_company_registry.json · Operator homepage → · Wikipedia entry summarising i-Space's Hyperbola-1 first-private-Chinese-orbital launch (July 2019) and subsequent flight history. Operator site i-space.com.cn confirms Beijing HQ.

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.