Company type | State-owned company |
---|---|
Industry | Aerospace |
Founded | February 2016 |
Headquarters | Wuhan, Hubei , China |
Parent | China Aerospace Science and Industry Corporation (CASIC) |
Website | expace.com.cn (archived) |
ExPace (ExPace Technology Corporation; [1] also called CASIC Rocket Technology Company [2] ) is a Chinese state-owned [3] space rocket company, based in Wuhan, Hubei, China. Its corporate compound is located at the Wuhan National Space Industry Base 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] [1] [5] [6] ExPace was established in February 2016. [7] ExPace was founded as a Chinese commercial launch vehicle company. [8]
ExPace's line of Kuaizhou (KZ; Chinese :快舟; pinyin :Kuài-Zhōu; lit.'fast vessel') launch vehicles use solid rocket motors, thus being available all the time once built, without need to fuel the rockets. The Kuaizhou (Fast Vessel) launch vehicles are based on Chinese ASAT and BMD mid-course interceptor launch vehicles. Development on the KZ launch vehicles started in 2009. [1] [5] [6] ExPace charges about US$10,000/kg for launches. [7]
The first commercial space launch company in China, China Sanjiang Space Group Co., another subsidiary of CASIC, is planning it first launch for 2017, using ExPace's KZ-11 launch vehicle. [9] [10] The KZ-11 launch vehicle has launched but failed to reach orbit on 10 July 2020. [11]
ExPace is in competition with several other Chinese space rocket startups, being LandSpace, Galactic Energy, LinkSpace, i-Space, OneSpace and Deep Blue Aerospace. [2]
An expendable launch system is a launch vehicle that can be launched only once, after which its components are either destroyed during reentry or discarded in space. ELVs typically consist of several rocket stages that are discarded sequentially as their fuel is exhausted and the vehicle gains altitude and speed. As of 2024, fewer and fewer satellites and human spacecraft are launched on ELVs in favor of reusable launch vehicles. However, there are many instances where a ELV may still have a compelling use case over a reusable vehicle. ELVs are simpler in design than reusable launch systems and therefore may have a lower production cost. Furthermore, an ELV can use its entire fuel supply to accelerate its payload, offering greater payloads. ELVs are proven technology in widespread use for many decades.
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The Long March 7, or Chang Zheng 7 in pinyin, abbreviated LM-7 for export or CZ-7 within China, originally Long March 2F/H or Chang Zheng 2F/H, nicknamed Bingjian, is a Chinese liquid-fuelled launch vehicle of the Long March family, developed by the China Aerospace Science and Technology Corporation (CAST). It made its inaugural flight on 25 June 2016.
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