Chinese startup Cosmoleap has received funding for a chopstick system to catch reusable rockets:
spacenews.com
Promotional video from earlier this year:
View: https://x.com/cnspaceflight/status/1813533851651891284

Chinese launch startup Cosmoleap secures funding for rocket featuring chopstick recovery system
HELSINKI — Chinese launch firm Cosmoleap has secured more than 100 million yuan for the development of its Yueqian reusable rocket and a recovery system inspired by SpaceX. Cosmoleap announced more…

Article: Cosmoleap, full name Beijing Dahang Transition Technology Co., Ltd., announced its existence and start of operations in March 2024. The company focuses on developing a low-cost, high-reliability, reusable launch vehicle. The goal is to "support satellite Internet construction," likely referring to China's megaconstellation plans.
It aims to hold a test flight of the "Yueqian" or "Leap" rocket in either 2025 or 2026. An animated video with the funding announcement indicates that the company is following a tower and "chopstick" landing method recently demonstrated for the first time by SpaceX with its Starship system.
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The Yueqian methane-fueled rocket will, however, be much smaller. It will have a 4.0 meter diameter and length of 75 meters. Its payload capacity to a 1,000 km altitude orbit for constellation purposes will be 10,460 kilograms when expendable, or 6,280 kg when the first stage is recovered.
The company also plans a 126-meter-long rocket, capable of carrying 100 tons to the same orbit when expended, or 36 tons when reused. The first launch is targeted for around 2030.
Promotional video from earlier this year:
View: https://x.com/cnspaceflight/status/1813533851651891284
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