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Zhongke Aerospace Technology Co., Ltd.’s IPO application on the Science and Technology Innovation Board was accepted on March 31, 2026.
CAS Space says Kinetica-2 will provide global clients with a reliable and affordable option for megaconstellations.
The Kinetica-2 stage separation test validated the rocket’s design and the individual components developed by CAS Space.
CAS Space’s Kinetica-2 stage-2 auxiliary engine system includes eight 300N thrusters and four 100N thrusters.
CAS Space’s Kinetica-2 is in development.
CAS Space’s Kinetica-2 Y1 completed its inaugural flight and delivered three satellites into space on its first mission.
CAS Space used an experimental 1:2 fuel tank built with PMMA and designed using the Froude similarity criterion to verify anti-vortex and anti-collapse performance.
CAS Space successfully launched the Qingzhou prototype spacecraft.
CAS Space is a derivative company of the Chinese Academy of Sciences.
CAS Space completed the stage separation test for Kinetica-2.
CAS Space cleared Flight 1 successfully.
CAS Space has completed its second dedicated launch pad at JSLC.
CAS Space has completed work on Kinetica-2's second-stage fuel tanks.
CAS Space completed a horizontal fairing jettison test for Kinetica-2.
CAS Space advanced from a dozen proposals in 2023 to the final four and secured the Qingzhou bid.
CAS Space planned not to attempt first-stage recovery until at least 2028.
CAS Space is moving Kinecore-2 into the Reliability Identification Phase.
CAS Space was contracted by Shanghai Spacesail Technologies to use its Kinetica-2 launch vehicle but the vehicle will be occupied with its debut flight for the first half of the year.
Orienspace plans an initial public offering on one of China’s stock exchanges following LandSpace and CAS Space while retaining a focus on technology.
Other launch vehicles using the YF-102 engine include CAS Space’s Kinetica-1, Space Pioneer’s Tianlong-2, and the China Aerospace Science and Technology Commercial Launch Vehicle Group’s soon-to-debut Long March 12B.