All verified mentions of this organization in source documents.
Expace reported losses of ¥180 million in 2024.
Expace is planning to move Kuaizhou-6 research and development to Chengdu.
ExPace reported a mass-to-orbit of 0 kg with a known percentage of 0%.
Expace claims a valuation of 10 billion Yuan, which is approximately $1.4 billion.
Expace successfully launched several KZ-1A rockets in 2024.
Expace operates the larger Kuaizhou-11 solid rocket with a 2.65-meter-diameter fairing and designed to launch up to 1,500 kg to low Earth orbit.
Expace launched an upgraded Kuaizhou-1A rocket at 11:46 p.m. Eastern on 2024-12-03 (0546 UTC, 2024-12-04) from Xichang Satellite Launch Center in southwest China.
China launched four Tianmu-1 GNSS radio occultation satellites on 2024-01-05 using an Expace Kuaizhou-1A solid rocket.
In 2023, Galactic Energy, iSpace, Landspace, Space Pioneer, CAS Space, and Expace reached orbit and collectively accounted for 16 of China’s 58 orbital launches.
In 2023, China’s commercial launch companies CAS Space, Galactic Energy, iSpace, Expace, Space Pioneer, and Landspace reached orbit.
Expace, a subsidiary of CASIC, operates the Kuaizhou-1A and the larger Kuaizhou-11 solid rockets.
Expace and CASIC have launched 24 Kuaizhou-1A rockets and 11 Kuaizhou-11 rockets since 2017, suffering three failures.
CASIC and Expace presented plans for larger Kuaizhou-21 and Kuaizhou-31 solid rockets capable of carrying 20,000 kg and 70,000 kg to LEO respectively.
CAS Space, Galactic Energy, iSpace, Expace, Space Pioneer, and Landspace all reached orbit in 2023.
Commercial Chinese launch companies Landspace, Space Pioneer, Galactic Energy, iSpace, and Expace have all reached orbit 2023.
CAS Space, Galactic Energy, iSpace, Expace, Space Pioneer, and Landspace reached orbit in 2023.
Six firms—Galactic Energy, iSpace, Landspace, Space Pioneer, CAS Space, and Expace—reached orbit in 2023.
The group of Chinese commercial launch firms had launched 11 times in 2023, surpassing the total of 10 missions conducted by Expace, CAS Space, China Rocket, Galactic Energy, and iSpace in 2022.
Expace, a spinoff of China Aerospace Science and Industry Corporation (CASIC), provided the Kuaizhou-1A rocket used to launch the HeDe-3 A–E satellites.
Chinese commercial launch companies Galactic Energy, iSpace, Space Pioneer, Landspace, CAS Space, and Expace had all reached orbit in 2023.