OneSpace has completed assembly and testing of its OS-M rocket in preparation for a launch at the end of March which, if successful, would make it the first Chinese private rocket firm to reach orbit.
Chinese private companies OneSpace and iSpace are making progress with plans to attempt their first orbital launches in the first half of 2019.
Chinese launch startup OneSpace successfully performed its first launch from a national launch site Sept.7, following a similar feat by competitor iSpace days earlier.
Chinese private launch vehicle maker OneSpace has secured $43.6 million in Series B financing as the company looks to its first orbital launch near the end of 2018.
It is still early days for this emerging sector, but 2018 will be the year that Chinese commercial launch companies begin to take off.