i-Space, a Bejing-based space company, showed off its reusable rocket, Hyperbola-2,  for the first time in public last week. According to reports from the Chinese media, the firm aims to launch it into space in 2021.  The rocket uses liquid oxygen-methane propellants, and its primary stage can be used again for other launches. The company claims this reusability reduces the cost of rocket production by 70 percent. It has a payload capacity of 1.9 ton, and it can contain small and medium-sized satellites. The Hyperbola-2 is 28 meters long and has a takeoff weight of 90 tons. It is designed to launch…

This story continues at The Next Web

Or just read more coverage about: SpaceX