Space Epoch is a Chinese space launch company based on Beijing, which is developing a stainless-steel, methane-liquid oxygen type rocket, named XZY-1 or Yuanxingzhe-1 (元行者一号).[1][2] The company secured a 200 million yuan (US$27.6m) in financing in 2023.[3][4] A collaboration with Taobao (Alibaba‘s e-commerce shopping platform) to make reusable rockets for parcel delivery was announced in March 2024.[4][5][6]