i-Space (Interstellar Glory)

i-Space, the brand name of Beijing Interstellar Glory Space Technology Co., Ltd. (Chinese: 星际荣耀), is a private launch-vehicle company founded in October 2016 in Beijing. Its founding team was drawn largely from China's state-owned aerospace conglomerate CASC, and it emerged after China opened parts of its space sector to private capital in 2014.

The company builds the Hyperbola family of rockets. Hyperbola-1 (SQX-1) is a small four-stage solid-fuel orbital launcher carrying roughly 300 kg to low Earth orbit. It is also developing the methane-liquid-oxygen, reusable Hyperbola-2 (SQX-2), which has performed vertical-takeoff/vertical-landing hop tests, and the larger medium-class, partially reusable Hyperbola-3 (SQX-3).

On 25 July 2019, Hyperbola-1 made i-Space the first Chinese privately funded company to place a satellite into orbit. The launcher's record since has been mixed, with several failures in 2021 and 2022 and a failure in 2024, alongside renewed successes in 2023 and 2025. As of 2026 the company remains active, continuing Hyperbola-1 launches and developing its reusable Hyperbola-2 and Hyperbola-3 vehicles.