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CAS Space

CAS Space (Chinese: 中科宇航), established in , is a leading company and a subsidiary of the , headquartered in with subsidiaries in and . The company specializes in the research, development, manufacturing, and operation of medium- and large-scale launch vehicles, offering customized orbital launch services, suborbital scientific experiments, and emerging opportunities, all aimed at fostering a globally inclusive and accessible future for . As a mixed-ownership enterprise, CAS Space leverages the technological expertise of the to bridge academic research with commercial applications, focusing on cost-effective and reliable space access solutions. Founded amid China's rapid expansion in the commercial space sector, the company initiated its core projects in January 2019 and established the Zhongke Spaceflight Industrial Base in 2023, a 400,000 square meter facility dedicated to , testing, and development. This infrastructure supports its subsidiaries, including Zhongke Co., Ltd. for low-cost launcher R&D and Xi'an Zhongke Co., Ltd. for advanced liquid-propellant engines. CAS Space's flagship product line is the series of rockets, starting with the solid-propellant Kinetica-1, which achieved its in July 2022 and has since maintained a 100% success rate across multiple missions, deploying more than 73 payloads totaling over nine metric tons to and orbits as of October 2025. Under development are the liquid-propellant Kinetica-2, capable of delivering 8 tons to with reusability exceeding 20 flights, and its enhanced variant, Kinetica-2H, targeting 15 tons to with additional boosters. The company is also advancing a suborbital vehicle designed to carry seven passengers to altitudes of 100-120 km, with reusability over 30 times and launch intervals as short as 100 hours. Notable achievements include the successful launch of 15 satellites in November 2024, marking Oman's first space mission, international collaborations such as deploying microsatellites in August 2025 and Pakistan's first hyperspectral satellite in October 2025, demonstrating CAS Space's growing global footprint. Looking ahead, the company plans to commence suborbital operations by 2028, aiming for 1,000 annual seats, while continuing to expand its launch cadence and reusable technologies to support diverse payloads from scientific to commercial constellations.

Overview

Founding and background

CAS Space was established on December 19, 2018, as a commercial specializing in launch services. The company was founded by Yang Yiqiang, who previously served as the chief commander of the Long March-11 rocket project at the (CALT), a state-owned entity under the (CASC). With over two decades of experience in 's national space program, Yang leveraged his expertise to bridge military and civilian applications in the burgeoning commercial space sector. As a mixed-ownership enterprise, CAS Space represents a strategic from state-backed institutions, aiming to commercialize advanced technologies developed primarily for national . This structure reflects the company's deep ties to China's scientific while pursuing market-driven innovations. It facilitates the transition of state-derived technologies into private-sector applications, aligning with China's broader push for civil-military fusion in space activities. From its inception, CAS Space focused on developing solid-propellant rockets, drawing on mature technologies originally honed for purposes. This emphasis enabled rapid prototyping and cost-effective launches, positioning the company as a key player in China's space ecosystem by repurposing proven solid-fuel systems for orbital missions.

Mission and operations

CAS Space's core mission is to usher in a globally inclusive, accessible, and peaceful era of by providing low-cost, reliable launch services to the international community. Headquartered in with subsidiaries in and , the company focuses on delivering affordable access to space for small-to-medium satellites, with payload capacities up to 2,000 kg to and 1,500 kg to , through its series of solid-propellant rockets. This objective emphasizes reducing mission costs and fostering a vibrant spaceflight industry cluster, drawing on solid-propellant technology to enable quick-turnaround launches. As a mixed-ownership spun off from the state-owned , CAS Space blends governmental research support with commercial operations to offer both dedicated launches and rideshare opportunities for satellites and science payloads. Its prioritizes of reliable , supported by a dedicated at the , along with batch payload storage for efficient operations. The company leverages solid-propellant designs for rapid response capabilities, with plans underway for sea-based mobile launch platforms to enhance flexibility and responsiveness. Looking ahead, CAS Space harbors international ambitions to expand beyond domestic markets. To fund this growth and forge partnerships worldwide, the company completed IPO counseling with Chinese regulators in August 2025, targeting a listing on the STAR Market to bolster its competitive position in the global launch sector.

Organization

Leadership

Yang Yiqiang serves as the founder, chairman, and CEO of CAS Space. With 31 years of experience at the China Academy of Launch Vehicle Technology (CALT), he previously led the development of innovations, including as chief commander of the project. The company's senior leadership team comprises experts drawn from elite Chinese aerospace organizations, such as the China Aerospace Science and Technology Corporation (CASC), China Aerospace Science and Industry Corporation (CASIC), (AVIC), and the (CAS), bringing specialized engineering and commercialization skills to advance commercial launch capabilities. CAS Space operates under a mixed-ownership structure, majority held by the , with its board including representatives from CAS and private investors to balance state research priorities and commercial objectives. Under this leadership, CAS Space has pivoted strategically post-2023 toward developing reusable liquid-propellant launch systems, exemplified by the Kinetica-2 vehicle, with plans to initiate first-stage recovery operations starting in 2027 to reduce costs and enhance launch frequency.

Facilities and infrastructure

CAS Space maintains its headquarters in , , which serves as the primary administrative and hub for the company. The facility in Guangzhou's integrates administrative functions with key R&D activities, supporting the design and prototyping of launch vehicles. Additionally, a R&D center in focuses on advanced launcher technologies, including low-cost and high-reliability systems. The company's primary launch site is the Dongfeng Commercial Space Innovation Test Area, located within the in northwest . This dedicated commercial zone, including Launch Area 130, supports the series of solid-propellant rockets and features mobile environmental protection devices to enable flexible launch operations. The site's infrastructure allows for rapid setup and execution of missions, accommodating the transportable nature of solid-rocket boosters for enhanced operational agility. Manufacturing and testing facilities are concentrated in , with a rocket production base in the dedicated to solid-propellant assembly and final vehicle integration. This facility represents the first of its kind in China's Greater Area, enabling efficient production of vehicles. Engine testing occurs at a specialized center in Conghua, , equipped with test stands for both solid and liquid propulsion systems, including hot-fire tests for Kinetica-2 stages. Additionally, the company has a subsidiary in focused on advanced liquid-propellant engine development. These capabilities support the company's goal of scaling operations to achieve multiple launches per year, driven by the modular design of its solid- fleet.

Launch vehicles

Kinetica 1

Kinetica-1 is a four-stage, all-solid-propellant orbital launch vehicle developed by CAS Space, designed primarily for deploying small to medium satellites into sun-synchronous or low Earth orbits. Standing approximately 30 meters tall with a diameter of 2.65 meters, it has a liftoff mass of 135 metric tons and can deliver up to 2 metric tons to low Earth orbit or 1.5 metric tons to a 500 km sun-synchronous orbit. The vehicle's first stage draws from the technology of the DF-31 intercontinental ballistic missile, making Kinetica-1 the largest solid-propellant launcher in China upon its introduction. Development of Kinetica-1 began in early 2019, spanning 1,303 days until its , during which the team conducted over 750 ground tests, produced 646 technical drawings, and wrote more than 277,000 lines of software code. Ground testing, including static fires, occurred in late 2021, paving the way for operational readiness. The vehicle achieved its inaugural launch on July 27, 2022, from the , marking CAS Space's entry into commercial orbital launches. As of November 2025, it has completed 10 launches, with 9 successes and 1 failure on December 27, 2024, due to a third-stage , achieving a 90% success rate; it has deployed over 80 satellites with a total mass exceeding 10 metric tons. Key features of Kinetica-1 emphasize rapid deployment and reliability for applications, including a mobile transporter-erector-launcher system that enables transport and erection directly at the launch site without fixed infrastructure. The design incorporates thrust vector control for during ascent, but lacks any reusability mechanisms, positioning it as an expendable platform optimized for cost-effective, high-cadence launches.

Kinetica 2

The Kinetica 2 is a medium-lift, developed by CAS Space as its first , marking an evolution from the company's earlier solid-propellant Kinetica 1 design. It employs a common booster core () configuration with a central core stage flanked by two side boosters, all utilizing and (kerolox) propulsion for the first stage to enable vertical and recovery of the boosters. The vehicle stands approximately 52 meters tall, with a core stage of 3.35 meters and a fairing of 4.2 meters, supporting missions to (LEO), (SSO), and (). Development of the Kinetica 2 began in the early 2020s, building on standardized, modular, and serialized principles to facilitate rapid production for commercial applications such as satellite constellations and cargo transport. Key milestones include the delivery of the second-stage propulsion system in early 2025 and a successful first-stage hot-fire test in June 2025, demonstrating the integration of domestically developed engines. The rocket's design emphasizes reusability, with the first-stage boosters engineered for over 20 flights through autonomous vertical landing capabilities, supported by sub-scale recovery demonstrations conducted between 2023 and 2024. In terms of specifications, the Kinetica 2 has a liftoff mass of 625 metric tons and generates a maximum of 766 tons at launch, powered by YF-102 kerolox engines delivering approximately 120 tons of each on the first-stage cores. It is configured as a three-stage , with the upper stages also employing propellants to achieve payload capacities of up to 12 metric tons to and 8 metric tons to a 500 km SSO. The maiden orbital flight is targeted for late 2025 from the , focusing on validation of the reusable first-stage via propulsive . A variant known as extends the vehicle's capabilities for heavier payloads through an enhanced configuration, potentially incorporating additional boosters or structural modifications to reach up to 22 metric tons to and 15 metric tons to SSO. This modular approach allows CAS Space to adapt the platform for diverse mission requirements while maintaining the core reusability features of the baseline model.

Kinetica 3

Kinetica 3 is a medium-sized currently under development by CAS Space, with early work showcased publicly as of 2023. The rocket employs a multi-engine parallel configuration on its first stage, powered by clustered 80-tonne-class reusable / engines known as Xuanyuan II for both the first and second stages, enabling recovery and reuse of both stages to reduce launch costs. Designed for reliable, affordable, and flexible access to space, Kinetica 3 targets the deployment of low-Earth orbit satellite constellations and large-scale space infrastructure, supporting rideshare and dedicated missions for diverse payload classes. It is projected to deliver between 6.1 and 10.5 tonnes to low Earth orbit, significantly expanding CAS Space's capacity for heavier payloads compared to earlier models in the series. The vehicle's fully reusable architecture builds briefly on reusability advancements demonstrated in the Kinetica 2, positioning it as a key enabler for scaling commercial networks and multi-satellite deployments.

Suborbital vehicles

CAS Space began developing suborbital vehicles in , with an initial announcement in of that year for a single-stage reusable designed for , drawing inspiration from Blue Origin's system. The project, named Lihong-2, aims to provide short-duration flights to the edge of , enabling passengers to experience above the at 100 km altitude. This vehicle combines a booster stage with a detachable capsule, emphasizing reusability to support frequent operations and cost efficiency. The Lihong-2 features and , powered by five in-house Liqing-1 engines, each delivering approximately 15 tonnes of for a total takeoff of 75 tonnes. The rocket has a diameter of 3.35 meters and a takeoff of 70 tonnes, while the crew capsule measures 3 meters in height and accommodates up to seven passengers through four panoramic portholes for optimal viewing during ascent and descent. The capsule separates from the booster post-apogee and returns via parachute landing, with the booster designed for vertical recovery to enable rapid turnaround. These elements prioritize safety and passenger comfort, including short-term pre-flight training for participants. Development progressed with an unveiling at the 14th Airshow in 2022, where a full-scale capsule was displayed to demonstrate the interior experience. Early testing included a small-scale vertical launch of a 23 kg in 2021 to validate basic ascent dynamics. In 2025, CAS Space conducted a successful hot-fire test of the Kinecore engine variant for the Lihong-2, confirming multi-engine coordination and reusability features. As of 2025, the company is preparing for the inaugural suborbital flight of the Lihong-1 , a precursor to the full Lihong-2 system, scheduled for late that month to demonstrate key flight profiles. The suborbital program integrates technologies from CAS Space's orbital efforts, such as liquid propulsion systems and recovery mechanisms originally developed for the series, to accelerate reusability advancements across both domains. Commercial operations are targeted to begin with an uncrewed test flight in 2027, followed by crewed missions in 2028, integrated with a dedicated theme park for launch and education activities.

Launch history

Kinetica 1 launches

The Kinetica 1, a four-stage solid-propellant capable of delivering up to 300 kg to , has conducted all its missions from Launch Site 130 at the . The vehicle's inaugural flight, designated Kinetica-1 Y1, occurred on July 27, 2022, at 04:12 UTC, successfully deploying six test satellites—including the SATech-01 micro-nano satellite and Dianci Zuzhuang Shiyan demonstrators—into a 500 km (SSO). In 2023, Kinetica 1 achieved one successful launch on June 7 at 04:10 UTC (Y2 mission), which set a then-national record by placing 26 s into SSO, including the Shiyan-24 A and B technology test satellites, Fucheng-1 satellite, and multiple undisclosed commercial payloads. The year 2024 saw four Kinetica 1 launches, three of which were successful and included commercial payloads. On January 23 at 04:03 UTC (Y3), five Taijing-series satellites were deployed into SSO. The Y4 mission on September 24 at 23:33 UTC successfully orbited five s, among them the commercial SAR-01A satellite and Yunyao-21/22 meteorological demonstrators. On November 11 at 04:03 UTC (Y5), 15 s reached SSO, featuring international payloads such as Oman's first satellite alongside domestic ones like Gaofen-05B for high-resolution Earth observation. However, the Y6 mission on December 27 at 01:03 UTC failed due to third-stage instability, resulting in the loss of payloads including the Dier-3 satellite and six Yunyao-1 units. As of November 17, 2025, Kinetica 1 had completed 10 orbital launches overall, with nine successes and one failure, contributing to China's record 70 orbital attempts that year. The 2025 campaign included four successful flights. On at 04:05 UTC (Y7), six satellites such as Taijing-3 04 and Xingrui-11 units were placed into SSO. On August 19 at 07:33 UTC (Y10), seven satellites launched, marking CAS Space's first delivery of Latin American payloads, including Mexican microsatellites (ThumbSat-1/2) for . On October 19 at 03:33 UTC (Y8), the rocket deployed satellites, including Pakistan's first satellite PRSC-HS1. The Y9 mission on November 9 at 03:32 UTC achieved a record-breaking deployment of (VLEO) demonstrators, successfully orbiting the Chutian-2 01 and 02 satellites for aerodynamics and propulsion validation. Notable payloads across Kinetica 1 missions have emphasized and technology demonstration, such as the and Taijing series for high-resolution imaging, and VLEO prototypes like Chutian-2 to enable lower-drag orbits for future operations. All launches targeted SSO at altitudes around 500 km, supporting China's growing constellation of commercial and scientific satellites. As of November 17, 2025, the vehicle has deployed over 75 satellites totaling more than 10 metric tons.
FlightDate (UTC)SerialOutcomeKey Payloads
127 Jul 2022Y1Success6 test satellites (e.g., SATech-01)
27 Jun 2023Y2Success26 satellites (e.g., Shiyan-24 A/B)
323 Jan 2024Y3Success5 Taijing satellites
424 Sep 2024Y4Success5 satellites (e.g., SAR-01A)
511 Nov 2024Y5Success15 satellites (e.g., Omani satellite)
627 Dec 2024Y6Failure10+ satellites (e.g., Dier-3; lost)
721 May 2025Y7Success6 satellites (e.g., Taijing-3 04)
819 Aug 2025Y10Success7 satellites (e.g., Mexican ThumbSat-1/2)
919 Oct 2025Y8Success (e.g., PRSC-HS1)
109 Nov 2025Y9SuccessChutian-2 01/02 VLEO demonstrators

Kinetica 2 launches

The maiden flight of the is scheduled for the fourth quarter of 2025 from the in . This debut mission will carry the , a new robotic cargo vessel prototype designed for resupply operations to the , into . As of November 2025, no orbital flights of the Kinetica 2 have occurred, marking this as the vehicle's first attempt to achieve orbit. The early mission profile emphasizes an orbital insertion test to validate the rocket's performance, including demonstration of its payload capacity of up to 12,000 kg to . While the full vehicle supports heavier lifts, the will focus on the demonstrator, estimated at around 1,000 kg, to establish reliable access for future cargo missions. Preparatory efforts, including a first-stage hot-fire test completed in mid-2025, have progressed steadily, with the rocket's overall assembly finalized ahead of launch. Following the , CAS Space plans a series of missions in 2026 dedicated to commercial deployments, positioning the 2 as a key asset for large-scale constellation builds and resupplies. The company aims to scale operations to 5-10 flights annually by 2027, leveraging the vehicle's reusable first-stage design—briefly referenced here for its planned downrange capability—to reduce costs and increase cadence. Challenges in development have included coordinating complex liquid-propellant systems and integrating reusability features, though ground tests have mitigated risks prior to flight.

Future plans

Reusability development

CAS Space initiated its reusability program as part of its founding mission in 2018, with a strategic shift toward liquid-propellant rockets to facilitate stage recovery and reuse, following the debut of its solid-propellant in 2022. This transition emphasizes modular designs in vehicles like the , enabling over 20 reuses per stage through advanced structural integrity and systems. Key technologies under development include vertical takeoff and landing () capabilities, demonstrated in successful tests that validate the full process from liftoff to controlled descent. Milestones in reusability efforts include ground-based vibration and hot-fire tests in 2024 for the 's first-stage boosters, paving the way for its expendable maiden flight in late 2025, with full recovery operations targeted for implementation by 2028. These tests represent progress in integrating reusable elements across the series, building on earlier subscale demonstrations to achieve precise booster landings. The program is supported by significant investments, including preparations for an (IPO) in 2025 to accelerate reusable technology maturation and expand production capacity. This funding aims to reduce launch costs by leveraging multiple reuses, positioning CAS Space to compete in high-frequency missions while integrating with China's national ecosystem of reusable launch providers. Challenges in the reusability development center on ensuring reliability in kerosene-liquid oxygen (kerolox) systems, particularly for repeated ignitions and structural endurance during recovery, amid broader efforts to synchronize with state-backed reusable initiatives like those from CASC subsidiaries.

Space tourism and expansion

CAS Space has announced plans to enter the market with suborbital flights, aiming to provide passenger experiences to the edge of space. The company's space tourism vehicle, designed as a , is intended to carry up to seven passengers in a cabin featuring four panoramic windows for viewing the curvature of . This initiative positions CAS Space to compete in the growing commercial space sector, with flights planned to include a 10-minute journey reaching an apogee of 100-120 , offering approximately three minutes of before a parachute-assisted landing. As part of its broader expansion strategy, CAS Space is pursuing international partnerships and market growth following its ongoing preparations for an (IPO) on the Shanghai Stock Exchange's , with regulatory counseling completed in 2025. The company aims to target the region and the global small satellite launch market, seeking contracts for international payloads and collaborations with entities like the Tourism Group to develop tourism . This includes plans for a theme park-like facility with multiple vehicles capable of launches every 100 hours, potentially offering up to 1,000 seats annually once operational. The timeline for development includes the vehicle's in 2027, followed by crewed suborbital trips to the edge of beginning in 2028, building on prototypes of suborbital vehicles currently under development. These efforts align with CAS Space's goal of scaling commercial operations, including 5-8 launches in 2025 to support constellation deployments and cargo missions, thereby expanding its presence in the and launch markets.

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    Oct 31, 2024 · When the company raised $31 million in 2021, leading investors were CITIC Juxin, ultimately owned by state-owned investment company CITIC Group ...Missing: ownership | Show results with:ownership