On June 29, LandSpace Technology Corporation achieved a dual milestone. The company’s Zhuque-3 reusable Y2 launch vehicle successfully completed a static fire test at the Dongfeng Commercial Aerospace Innovation Zone, with all systems operating normally—confirming the rocket has met all launch requirements. The Zhuque-3 is a new-generation, low-cost, high-payload, high-frequency reusable liquid oxygen methane launch vehicle developed by LandSpace for large-scale constellation deployment. It is designed for no fewer than 20 reuses and a low Earth orbit (LEO) payload capacity of no less than 18 tons under recovery mode within the launch zone. On the same day, the Shanghai Stock Exchange (SSE) website showed that LandSpace’s IPO on the STAR Market has resumed review after its financial reports were updated. The IPO was accepted on December 31, 2025, but was suspended on March 31, 2026, due to expired financial statements. As a critical pre-launch procedure, the successful static fire test signals that the Zhuque-3 Y2 rocket is now entering its countdown to launch.