On June 29, LandSpace Technology Corporation achieved two major milestones. The company’s Zhuque-3 reusable Yao-2 launch vehicle successfully completed a static fire test at the Dongfeng Commercial Aerospace Innovation Experimental Zone, with all systems operating normally, indicating the rocket meets launch requirements. The Zhuque-3 is a new-generation low-cost, high-capacity, high-frequency, reusable liquid oxygen-methane launch vehicle independently developed by LandSpace for large constellation deployment. It is designed for at least 20 reuses, with a low Earth orbit payload capacity of no less than 18 tons under recovery conditions. On the same day, the Shanghai Stock Exchange website showed that LandSpace’s STAR Market IPO has updated its financial reports and resumed review—its IPO was accepted on December 31, 2025, but was suspended on March 31, 2026, due to expired financial reports. The static fire test is an essential step before launch, and its successful completion means the Zhuque-3 Yao-2 rocket is now in the final countdown to liftoff.