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China’s Astronstone raises $29 million for reusable rocket with chopstick-style recovery

Published on March 24, 2026

Astronstone's stainless steel rocket stage and AS-1 scale model inside a production facility in China, featuring prominent weld lines and branding; a large banner on the wall displays Chinese characters.

Astronstone, one of China’s younger launch startups, has secured new funding as it builds toward the first flight of its reusable AS-1 rocket.

The post China’s Astronstone raises $29 million for reusable rocket with chopstick-style recovery appeared first on SpaceNews.

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