All verified mentions of this organization in source documents.
Expace will launch the Xingyun-2 (01, 02) satellites on a Kuaizhou-1A solid rocket from Jiuquan before the end of the month.
Expace was established in 2016 and operates the Kuaizhou-1A launch vehicle.
State-run Expace and private firms including Landspace, iSpace, OneSpace, Linkspace, and Galactic Energy are developing launch vehicles to provide low-cost launch services domestically and internationally.
Expace was planning to carry out the first launch of the larger Kuaizhou-11, which may lift as much as 1,000 kg to 700-kilometer sun-synchronous orbit, before the end of 2018.
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.
CASIC and subsidiary Expace claim launch costs for the Kuaizhou series of between $10,000 and $20,000 per kilogram and expect costs to fall to $5,000 per kilogram.
The China Aerospace Science and Industry Corporation (CASIC) subsidiary Expace is expected to launch more Kuaizhou-1A solid rockets in 2019, each 20 m tall and 1.4 m in diameter with a 200-kilogram capacity to 700-kilometer Sun-synchronous orbit.
Expace secured $180,000,000 in financing in December 2017 from eight unnamed investors.
Expace plans to develop larger solid-fueled launchers including the Kuaizhou-11 and Kuaizhou-21 launch vehicles.