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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.
China Aerospace Science and Industry Corporation launched four times in 2020, including the failed debut launch of the Kuaizhou-11 and the loss of a Kuaizhou-1A rocket in September 2020.
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 will test a two-stage-to-orbit reusable spaceplane system called Tengyun by 2025.
CASIC aims to lead the world in solid rocket technology by 2025.
CASIC intends to complete preliminary construction of the Xingyun project, an 80-satellite LEO narrowband Internet of Things constellation, by 2025.
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 launch 12 Xingyun 2-series satellites in 2021.
CASIC plans to double the number of launches of its Kuaizhou series rockets by 2023.
Landspace’s $175,000,000 Series C+ round matches the funding amount of Expace, a launch service provider owned by CASIC.
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.
CASC and CASIC were created in 1999 through government reforms and were previously part of the former China Aerospace Corporation.
An experimental inflatable cargo reentry module developed by the China Aerospace Science and Industry Corp. (CASIC) suffered an anomaly during reentry on 2020-05-06.
CASIC plans LEO communications constellations including the Hongyun wideband and Xingyun narrowband projects.
China Aerospace Science and Industry Corporation plans a first launch of the larger, delayed Kuaizhou-11 launcher in 2020.
China Aerospace Science and Industry Corporation plans to carry out at least eight launches of its solid-fuelled Kuaizhou-1A in 2020.
Expace, a CASIC subsidiary, will provide the Kuaizhou-11 at $5,000 per kilogram to low Earth orbit.
China Aerospace Science and Industry Corporation, through its subsidiary Expace, will provide the Kuaizhou-11 at a rate of $5,000 per kilogram to LEO, which the AFRL-DIU report characterizes as five times less expensive than comparable launch capabilities.