Land Space Technology Co. Ltd. (referred to as hereinafter "LandSpace"​) was founded in June 2015 with focus on the design, manufacturing and operations of small and medium launch vehicles.LandSpace is devoted to the development of Liquid-fuel ( LOX+LCH4）Rocket Engines (LREs) and low-cost commercial launch vehicles with independent intellectual property rights. LandSpace could complete the system and unit design, manufacture, test and delivery with highly-integrated design and innovation capability by a first-class technical team, to provide economical and reliable high-quality launch services for commercial satellites and special-purpose spacecrafts, as well as development of new technologies and systems for space applications.