New Chinese launch company gets its first customer
The competition heats up: A new Chinese launch company aimed at putting smallsats in orbit for a low price has signed its first customer.
In a statement published by China Daily, Zhang Di, vice president of the China Aerospace Science and Industry Corp. (CASIC) Fourth Academy, said Expace Technology Co. would charge around $10,000 per kilogram of satellite payload, which he said was less than half the prevailing commercial price. Zhang is also chairman of Expace.
CASIC created Expace in early 2016 as China’s second commercial-launch provider after China Great Wall Industry Corp. of Beijing, which has long been China’s showcase export vehicle for launches and commercial satellite contracts. China Great Wall is part of the China Aerospace Science and Technology Corp. (CAST). Zhang said Expace has already signed its first commercial contract, valued at 100 million Chinese yuan, or around $14.5 million, to place three Earth observation satellites into low Earth orbit aboard a Kuaizhou 1 rocket for the government-owned Changguang Satellite Technology Co.
This same company has more than 10 other satellites slated for future launches on Kuaizhou rockets.
The situation here is interesting. This small company is essentially competing against China’s big space company that builds that country’s Long March rockets. It is also aiming to capture some of the market share of the new smallsat industry, specifically targeting international satellite companies that are becoming less and less dependent on the U.S. rocket components that would forbid their use on a Chinese rocket.
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The competition heats up: A new Chinese launch company aimed at putting smallsats in orbit for a low price has signed its first customer.
In a statement published by China Daily, Zhang Di, vice president of the China Aerospace Science and Industry Corp. (CASIC) Fourth Academy, said Expace Technology Co. would charge around $10,000 per kilogram of satellite payload, which he said was less than half the prevailing commercial price. Zhang is also chairman of Expace.
CASIC created Expace in early 2016 as China’s second commercial-launch provider after China Great Wall Industry Corp. of Beijing, which has long been China’s showcase export vehicle for launches and commercial satellite contracts. China Great Wall is part of the China Aerospace Science and Technology Corp. (CAST). Zhang said Expace has already signed its first commercial contract, valued at 100 million Chinese yuan, or around $14.5 million, to place three Earth observation satellites into low Earth orbit aboard a Kuaizhou 1 rocket for the government-owned Changguang Satellite Technology Co.
This same company has more than 10 other satellites slated for future launches on Kuaizhou rockets.
The situation here is interesting. This small company is essentially competing against China’s big space company that builds that country’s Long March rockets. It is also aiming to capture some of the market share of the new smallsat industry, specifically targeting international satellite companies that are becoming less and less dependent on the U.S. rocket components that would forbid their use on a Chinese rocket.
Readers!
My annual February birthday fund-raising drive for Behind the Black is now over. Thank you to everyone who donated or subscribed. While not a record-setter, the donations were more than sufficient and slightly above average.
As I have said many times before, I can’t express what it means to me to get such support, especially as no one is required to pay anything to read my work. Thank you all again!
For those readers who like my work here at Behind the Black and haven't contributed so far, please consider donating or subscribing. My analysis of space, politics, and culture, taken from the perspective of an historian, is almost always on the money and ahead of the game. For example, in 2020 I correctly predicted that the COVID panic was unnecessary, that the virus was apparently simply a variation of the flu, that masks were not simply pointless but if worn incorrectly were a health threat, that the lockdowns were a disaster and did nothing to stop the spread of COVID. Every one of those 2020 conclusions has turned out right.
Your help allows me to do this kind of intelligent analysis. I take no advertising or sponsors, so my reporting isn't influenced by donations by established space or drug companies. Instead, I rely entirely on donations and subscriptions from my readers, which gives me the freedom to write what I think, unencumbered by outside influences.
You can support me either by giving a one-time contribution or a regular subscription. There are four ways of doing so:
1. Zelle: This is the only internet method that charges no fees. All you have to do is use the Zelle link at your internet bank and give my name and email address (zimmerman at nasw dot org). What you donate is what I get.
2. Patreon: Go to my website there and pick one of five monthly subscription amounts, or by making a one-time donation.
3. A Paypal Donation or subscription:
4. Donate by check, payable to Robert Zimmerman and mailed to
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c/o Robert Zimmerman
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You can also support me by buying one of my books, as noted in the boxes interspersed throughout the webpage or shown in the menu above.
They named their company Exspace? Imitation is the sincerest form of flattery, indeed.