ExPace
| Type | State-owned company[1] |
|---|---|
| Industry | Aerospace |
| Founded | February 2016 |
| Headquarters | , |
| Parent | China Aerospace Science and Industry Corporation (CASIC) |
| Website | expace |
ExPace (ExPace Technology Corporation)[2] also called CASIC Rocket Technology Company,[3] is a Chinese space rocket company based in Wuhan, Hubei, China. Its corporate compound is located at the space industrial park. ExPace is a wholly owned subsidiary of missileer China Aerospace Science and Industry Corporation (CASIC), a Chinese state-owned company, and serves as its commercial rocket division. ExPace is focused on small satellite launchers to low Earth orbit.[4][2][5][6] ExPace was established in February 2016.[7] ExPace was founded as a Chinese commercial rocket company.[8]
Kuaizhou rockets[]
ExPace's line of Kuaizhou (KZ; Chinese: 快舟; pinyin: Kuài-Zhōu; lit. 'fast vessel') rockets use solid rocket motors, thus being available all the time once built, without need to fuel the rockets. The Kuaizhou (Fast Vessel) rockets are based on Chinese ASAT and BMD mid-course interceptor rockets. Development on the KZ rockets started in 2009.[2][5][6] ExPace charges about US$10,000/kg for launches.[7]
- Kuaizhou 11 (KZ-11):
Marketplace[]
The first commercial space launch company in China, , another subsidiary of CASIC, is planning it first launch for 2017, using ExPace's KZ-11 rocket.[9][10] The KZ-11 rocket has launched but failed to reach orbit on 10 July 2020.[citation needed]
ExPace is in competition with several other Chinese solid rocket startups, being LandSpace, OneSpace, LinkSpace.[3]
See also[]
References[]
- ^ "China's Private Space Race". Retrieved 10 July 2020.
- ^ Jump up to: a b c Phillip Keane (20 September 2016). "ExPace, China's Very Own SpaceX". Asian Scientist Magazine.
- ^ Jump up to: a b Doug Messier (20 December 2017). "EXPACE Raises $182 Million for Small Satellite Launchers". Parabolic Arc.
- ^ "China's Private Space Race". Retrieved 10 July 2020.
- ^ Jump up to: a b c d Jeffrey Lin (7 October 2016). "China's Private Space Industry Prepares To Compete With SpaceX And Blue Origin". Popular Science.
- ^ Jump up to: a b c d "First commercial space base to be built in Wuhan". SpaceDaily. 14 September 2016.
- ^ Jump up to: a b c d Stephen Clark (9 January 2017). "Kuaizhou rocket lifts off on first commercial mission". Spaceflight Now.
- ^ Pan Yue (19 December 2017). "China's Commercial Space Launch Company ExPace Raises US$180M Round". China Money Network.
- ^ "China Plans First Commercial Rocket-Launch Company, Xinhua Says". Bloomberg News. 15 March 2016.
- ^ "Kuai Zhou (Fast Vessel)". China Space Report. Archived from the original on 11 March 2018. Retrieved 1 October 2016.
External links[]
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- Aerospace companies of China
- Commercial launch service providers
- Companies based in Wuhan
- Transport companies established in 2016
- Chinese companies established in 2016
- Chinese company stubs
- Rocketry stubs