CAS Space, a commercial launch provider emerging from the Chinese Academy of Sciences, is looking to expand internationally for sustainable growth.
CAS Space has achieved success with its Kinetica-1 (Lijian-1) solid rocket, completing four launches since its debut in 2022.
CAS Space is now preparing for the launch of its Kinetica-2 rocket in September 2025, which will enhance payload capabilities.
The company aims to broaden its client base and reduce launch costs through rocket reuse.
CAS Space has secured a contract to launch a low-cost cargo transportation system to the Tiangong space station.
CAS Space plans to offer suborbital tourist flights by 2027.
Despite domestic success, CAS Space faces challenges in the competitive Chinese market and regulatory hurdles in accessing American and European markets.
The company's growth strategy is supported by government backing, private investment, and commercial revenues.
CAS Space is exploring expansion to the new commercial spaceport in Hainan and plans to conduct sea launches for a unique viewing experience.
The company is optimistic about securing international payloads and is in discussions with potential partners.