航天科工火箭技术有限公司
ExPace, also known as CASIC Rocket Technology Company, is a Chinese state-owned commercial launch provider and a subsidiary of China Aerospace Science and Industry Corporation (CASIC). Founded in 2016, ExPace focuses on providing cost-effective launch services for small satellites to low Earth orbit, primarily using its Kuaizhou (KZ) series of solid-fueled rockets. The company is developing reusable methane-liquid oxygen rockets and aims to compete with other commercial space companies by offering rapid and responsive launch capabilities.
All verified mentions of this organization in source documents.
ExPace’s Kuaizhou-11 launch vehicle launched from the Jiuquan Satellite Launch Center on June 17 at 11:58 am China Standard Time.
ExPace has added a wider fairing option and optimized costs for Kuaizhou-11.
ExPace and Jiuquan confirmed the completion of a launch mission to deploy Future Navigation’s CentiSpace Group-05 satellite cluster.
ExPace resumed Kuaizhou-11 launches in May 2024 after the December 2022 flight.
ExPace’s Kuaizhou-11 has had one failure, which occurred during its July 2020 debut flight.
Kuaizhou-11 was developed by the China Aerospace Science and Industry Corporation and manufactured by ExPace.
CASIC’s Academy of Launch Technology, also known as Sanjiang Group, is partially divesting from ExPace.
Sanjiang Group is selling 31% of its 56% share in ExPace to a subsidiary of Province-owned Sichuan Development (Holdings).
The Beijing Equity Exchange listing classifies the ExPace stake under railway, shipbuilding, aerospace, and other transportation equipment manufacturing.
The buyer of the December 2025 ExPace stake was a Wuhan Municipality-owned investment fund.
ExPace launched Kuaizhou-11 from Jiuquan Satellite Launch Center’s Launch Site 95 at 12:12 pm China Standard Time on March 16.
ExPace said Kuaizhou-11 has proven to be a reliable, low-cost, and quick-to-prepare launch vehicle for customers.
ExPace reported a mass-to-orbit of 0.0 kg with 0% of their launches having known mass.
CASIC’s subsidiary ExPace was founded in 2016 to market the Kuaizhou series of launch vehicles based on military technology.
Expace previously advertised a 3m version of the KZ-11.
Expace previously advertised a larger 3-meter version of the KZ-11 Y8.
ExPace's Kuaizhou-11 launch vehicle launched at 09:08 am China Standard Time on December 13th from Launch Site 95 at the Jiuquan Satellite Launch Center.
EXPACE's Kuaizhou-11 Y8 launched the DEAR-5 cargo ship for AZSPACE at 01:08 UTC on December 13.
Kuaizhou-11 is a larger commercial launch vehicle developed by the China Aerospace Science and Industry Corporation and manufactured by ExPace.
ExPace’s Kuaizhou-1A lifted off from the Jiuquan Satellite Launch Center at 17:00 pm China Standard Time on December 5th.