The rocket is quoted as having a cargo capacity of ten tonnes. How much do they think each launch will cost? If it’s $1 million, then that is $100 per kg. Is there anyone willing to pay that much money for same day delivery?
There are four other Chinese companies who say they are close to launching reusable rockets too, and expect to launch in 2025/26 - iSpace, LandSpace, Deep Blue Aerospace, Galactic Energy - though the last is only talking about a reusable booster.
Also interesting - the publicly disclosed funding for this company is less than $100 million. I’m assuming they had more they did not disclose. If they managed to do this for $100 million, that seems very impressive.
China completes first sea-based vertical landing of reusable rocket
China’s Taobao working with startup on deliveries by reusable rocket
Man, consumerism is a hot mess.
Disappointing to hear, I’ve always considered waiting for a doodad, forgetting about it, and getting a little surprise present 3 weeks later a fundamental part of the Alibaba experience.
