I think there's about 5 or 6 private startups on the brink of attempting orbital booster landings within the next few months. This... is at least a decade behind that, if they're serious.
Note that they don't appear to have an orbital engine yet—this thing's far too small, it has to be some kind of one-off for this demo flight. Most of the competition leaped directly to testing an engine they were developing for orbital launches, in their suborbital hops.