
China's Space Epoch conducts key test for reusable rocket ambitions
BEIJING : Chinese private rocket firm Space Epoch said on Thursday it had successfully run a flight recovery test, as China looks to catch up with the United States by developing its own version of a reusable rocket that can rival SpaceX's Flacon 9.
As China and other space-faring nations look to develop tourism, infrastructure, and exploration, reusable rockets are indispensable to making their investments economically viable.
Beijing-based Space Epoch, or SEPOCH, said its Yuanxingzhe-1 verification rocket was launched at 4.40am from China's first sea-based space launch centre, off the waters of the eastern province of Shandong.
The rocket soared upwards, its engines briefly shutting down after the peak of its trajectory, then reigniting as it began its vertical descent to enter the Yellow Sea in a circle of fire, a video posted on Space Epoch's WeChat account showed.
'The success of this flight recovery test is a major breakthrough in the development process of liquid reusable rockets,' Space Epoch said in a statement.
The flight lasted 125 seconds, reaching a height of about 2.5km, it added.
Space Epoch's ambition to develop reusable rocket technology is highlighted by its demonstration of Vertical Takeoff and Vertical Landing (VTVL).
In this procedure, a rocket takes off vertically and returns to Earth with a vertical landing that uses rocket engines to slow and control the descent.
Used by SpaceX's Falcon 9 and Starship, VTVL is crucial for any firm looking to retrieve and reuse rockets after their launch, a growing focus for investors and firms worldwide that could drastically reduce costs and spread their use wider.
While tech entrepreneur Elon Musk's SpaceX is already launching and recovering orbital-class rockets on a routine basis, no Chinese firm has yet matched this feat.
SpaceX's Falcon 9 first successful landing test was almost a decade ago, highlighting the yawning gap firms like Space Epoch must bridge to catch up.
Space Epoch and Chinese peers, such as LandSpace, aim for maiden flights of their respective reusable rockets later this year, though no dates have been revealed.
Last year, LandSpace completed a 10km VTVL test marking China's first in-flight engine reignition in descent, a technique Space Epoch appears to have also mastered with its latest launch.
Hashtags

Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles


Malay Mail
8 hours ago
- Malay Mail
Yuexiu Transport (1052) profit attributable to shareholders increased by 15%
HONG KONG SAR - Media OutReach Newswire - 15 August 2025 - Yuexiu Transport (1052) announced its interim results 2025 and recorded revenue of RMB2.099 billion, representing a year-on-year increase of 14.9%. Profit attributable to shareholders was RMB361 million, an increase of 14.9%. The Company remains committed to maintaining a stable dividend policy with an interim dividend of HK$0.12 per share, equivalent to the payout ratio of 50%.In November 2024, the Company acquired the Pinglin Expressway from its parent company. During the period, this project contributed approximately RMB256 million in toll revenue and approximately RMB42 million in profit attributable. This project is continuously bringing new momentum to the Company's development and benefiting its long-term the first half of 2025, the Company's revenue and profit attributable to shareholders both realized double-digit growth. The Company's 10 subsidiary projects, as a whole, recorded y-o-y growth in both average daily toll revenue and average daily toll traffic volume. The Company further reduced its total liabilities-to-total assets ratio, continued to optimise its financial structure and further extended its debt duration. The total liabilities-to-total assets ratio was 57.9%, dropped by 1.0 percentage point compared to the end of 2024. The weighted average financing rate was 2.57%, down by 0.48 percentage point compared to the first half of Company is committed to becoming a leading transport infrastructure asset management company in China. Guided by its "3331" development strategy, the Company will refine the three platforms (listed platform, REITs platform, incubation platform), enhance the three core abilities (investment ability, operation and maintenance and construction management ability, capital operation ability), and focus on three directions (expressway main business, key areas, expansion of related auxiliary businesses).The Company will firmly grasp the strategic opportunities in expressway investment and mergers and acquisitions. Gaining its foothold in Guangdong, Hong Kong and Macau Greater Bay Area and in Central and Eastern China, the Company will expand its presence in the regions benefiting from urbanisation process and rapid industrialisation development. With the full utilisation of a model that features interaction among its three platforms, the Group continues to strengthen and expand its infrastructure business, with a particular focus on toll #YuexiuTransport The issuer is solely responsible for the content of this announcement.


Malay Mail
8 hours ago
- Malay Mail
Circuit breakers: The highs, lows and pratfalls of the first humanoid robot games in Beijing
BEIJING, Aug 15 — The world's first-ever humanoid robot games began today in Beijing, with over 500 androids alternating between jerky tumbles and glimpses of real power as they compete in events from the 100-metre hurdles to kung fu. Hundreds of robotics teams from 16 countries are going for gold at the Chinese capital's National Speed Skating Oval, built for the 2022 Winter Olympics. The games include traditional sports like athletics and basketball, as well as practical tasks such as medicine categorisation and cleaning. 'I believe in the next 10 years or so, robots will be basically at the same level as humans,' enthusiastic 18-year-old spectator Chen Ruiyuan told AFP. Human athletes might not be quaking in their boots just yet. Robots compete in a 5x5 football match during the World Humanoid Robot Games Beijing on August 15, 2025. — AFP pic At one of the first events this morning, five-aside football, 10 robots the size of seven-year-olds shuffled around the pitch, often getting stuck in a scrum or falling over en masse. However, in a 1500-metre race, domestic champion Unitree's humanoids stomped along the track at an impressive clip, easily outpacing their rivals. The fastest robot AFP witnessed finished in 6:29:37, a far cry from the human men's world record of 3:26:00. One mechanical racer barrelled straight into a human operator. The robot remained standing, while the human was knocked flat, though did not appear to be injured. 'National strategy' Robot competitions have been held for decades, but the 2025 World Humanoid Robot Games is the first to focus specifically on robots that resemble human bodies, organisers said. The Chinese government has poured support into robotics hoping to lead the industry. Winner of the dance event from Beijing Dance Academy and Hubei Optics Valley Dongzhi poses during the award ceremony at the World Humanoid Robot Games in Beijing August 15, 2025. — AFP pic Beijing has put humanoids in the 'centre of their national strategy', the International Federation of Robotics wrote in a paper yesterday. 'The government wants to showcase its competence and global competitiveness in this field of technology,' it added. Authorities are working to raise awareness of the sector across society. Cui Han, accompanying her 10-year-old, told AFP that her son's school had organised and paid for the trip to the Games. 'I hope it will encourage him to learn more about these new technologies,' she said. A robot competes in 1500M run during the World Humanoid Robot Games in Beijing August 15, 2025. — AFP pic In March, China announced plans for a one-trillion-yuan fund to support technology startups, including those in robotics and AI. The country is already the world's largest market for industrial robots, official statistics show, and in April, Beijing held what organisers dubbed the world's first humanoid robot half-marathon. Chen, the spectator, told AFP he was about to begin studying automation at university. 'Coming here can cultivate my passion for this field,' he said. 'My favourite is the boxing, because... it requires a lot of agility and I can really see how the robots have improved from before.' Meanwhile, at the kung fu competition area, a pint-sized robot resembling one from the popular Transformer series attempted to execute a move, but fell flat on its front. It spun around on the floor as it struggled to get back up, the crowd happily cheering. — AFP


Malay Mail
9 hours ago
- Malay Mail
SUNRATE Secures Payment Business Licence In China
SINGAPORE - Media OutReach Newswire - 15 August 2025 - SUNRATE, the global payment and treasury management platform, today announced it has secured a payment business licence in China following its successful acquisition of a 100% stake in Transfar Pay, a unit of Shenzhen-listed Transfar Group. The RMB 315 million (USD 43.8 million) acquisition has received approval from relevant Chinese regulatory authorities. This transaction had been previously announced by the Transfer Group in an exchange filing dated April 1, 2025."This acquisition represents a strategic step in SUNRATE's ongoing commitment to enhancing our global licensing framework and ensuring compliant operations in all jurisdictions, whether through direct licensing or strategic partnerships," said Paul Meng, co-founder at the addition of this licence, SUNRATE gains greater access to one of the world's most important and dynamic markets. This further complements SUNRATE's regulatory presence in key jurisdictions including Singapore, Hong Kong SAR, the United Kingdom, and Indonesia, with further regulatory milestones in other jurisdictions to be announced in due #SUNRATE The issuer is solely responsible for the content of this announcement. About SUNRATE SUNRATE is a global payment and treasury management platform for businesses worldwide. Since its inception in 2016, SUNRATE has been recognised as a leading solution provider and has enabled companies to operate and scale both locally and globally in 190+ countries and regions with its cutting-edge proprietary platform, extensive global network, and robust APIs. With its global business headquarters in Singapore and offices in Hong Kong, Jakarta, London, and Shanghai, SUNRATE partners with the top global financial institutions, such as Citibank, Standard Chartered, Barclays, J.P. Morgan and is the principal member of both Mastercard and Visa. To learn more about SUNRATE, visit