Beijing Yushi Space Aerospace Technology Co., Ltd. was founded on May 30, 2024, and is dedicated to developing high-payload, low-cost, reusable liquid-propellant rockets. Its core technologies include a stainless-steel rocket airframe structure, a liquid oxygen/methane propulsion system, and an innovative “chopstick” arm capture technology for rocket recovery.

To solidify the strategic foundation for its growth, Yushi Space decided to build an R&D management digital platform. After a thorough evaluation and site visits, SIPM Software’s SIPM/PLM system—centered on the long-proven SIPM Excellence in R&D framework and globally leading Model-Driven Architecture (MDA) technology—was unanimously endorsed by Yushi Space.

SIPM Software is dedicated to enhancing R&D management capabilities and digital transformation for manufacturing enterprises. It has pioneered the "SIPM Excellence in R&D" theoretical framework, tailored specifically for Chinese enterprises. Through continuous refinement in real-world implementations, this framework has gained increasing recognition from clients and consistently delivers tangible value to their innovation initiatives.

【Client Background】

Beijing Yushi Space Aerospace Technology Co., Ltd. was founded on May 30, 2024, and is dedicated to developing high-payload, low-cost, reusable liquid-propellant rockets. Its core technologies include a stainless-steel rocket airframe structure, a liquid oxygen/methane propulsion system, and an innovative “chopstick” arm capture technology for rocket recovery.

Less than one year after its establishment, the company has completed two rounds of financing: a tens-of-millions RMB angel round in March 2025, followed by a nearly 100-million RMB angel-plus round in May 2025. The proceeds are exclusively allocated to the development of the AS-1 rocket.

On July 31, 2025, Beijing Yushi Space Aerospace Technology Co., Ltd. officially unveiled the mission patch for its AS-12 mission, marking the entry into the final sprint phase of the static fire test for the second stage of its maiden launch vehicle. The company’s commercial space solution is built upon three key innovations:Stainless-Steel Airframe Structure: Reduces manufacturing costs by 30% compared to traditional materials and enables each rocket stage to be reused more than 15 times.Liquid Oxygen/Methane Propulsion System: Optimizes engine thrust-to-weight ratio and reduces fuel costs, cutting per-launch propellant expenses by 40%.“Chopstick” Capture Arm Recovery Technology: Dynamically captures the returning rocket stage using mechanical arms, reducing the weight of the recovery system by 60% compared to conventional landing-leg approaches.