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.
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Kuaizhou solid rockets provided by Expace, a spinoff from CASIC, have previously launched multiple Jilin-1 satellites.
Chinese commercial companies planning launches in 2021 include Landspace, iSpace, Deep Blue Aerospace, Expace and CAS Space.
Other Chinese state-owned and commercial companies planning launches in 2021 include Landspace, iSpace, Deep Blue Aerospace, Expace, and CAS Space.
State-owned spinoffs China Rocket and Expace, and private companies Galactic Energy, iSpace, OneSpace, Deep Blue Aerospace, and Landspace are planning launches 2021.
State-owned spinoff China Rocket Co. Ltd. and Expace and CAS Space are planning launches 2021.
Commercial Chinese launch providers China Rocket Co. Ltd., Expace, Galactic Energy, CAS Space, Deep Blue Aerospace, and Landspace were planning launches in 2021.
Expace, a commercial spin-off from CASIC, is expected to launch multiple Kuaizhou solid rockets in 2021.
Expace, a subsidiary under China Aerospace Science and Industry Corp. (CASIC), launched four Kuaizhou solid rockets in 2020.
Chinese commercial launch providers Expace, Landspace, and iSpace previously secured funding rounds of up to $175 million, $175 million, and $173,000,000 respectively.
CAS Space’s planned solid launcher would be China’s largest solid rocket by payload capacity, exceeding CASC’s Long March 11 and the Kuaizhou-11 operated under CASIC.
CASIC aims to launch 12 Xingyun 2-series satellites in 2021.
CASIC’s satellite initiatives include the Xingyun narrowband constellation and the 156-satellite Hongyun LEO broadband constellation.
China Aerospace Science and Industry Corp. (CASIC) outlined plans in 2020 to develop launch services, satellite constellations, and a reusable spaceplane over the next five years.
CASIC aims to lead the world in solid rocket technology by 2025.
CASIC will test a two-stage-to-orbit reusable spaceplane system called Tengyun by 2025.
CASIC plans to double the number of launches of its Kuaizhou series rockets by 2023.
CASIC intends to complete preliminary construction of the Xingyun project, an 80-satellite LEO narrowband Internet of Things constellation, by 2025.
Landspace’s $175,000,000 Series C+ round matches the funding amount of Expace, a launch service provider owned by CASIC.
CASC and CASIC were created in 1999 through government reforms and were previously part of the former China Aerospace Corporation.
The CASC–CASIC agreement sets goals of building a world-class aerospace conglomerate and a world-class aerospace defense company and committing to increase China’s aerospace international competitiveness and influence.