1. Basic information
China Aerospace was established in December 2018, relying on the Institute of Mechanics of the Chinese Academy of Sciences and the Aerospace Science and Technology Center. It is the first mixed-ownership commercial aerospace enterprise in China.
2. Introduction of the founder
Yang Yiqiang: The first commander-in-chief of the “Long March 11” rocket and director of the Aerospace Science and Technology Center of the Chinese Academy of Sciences.
3. Company layout
Beijing Zhongke Aerospace Technology Co., Ltd.: Mainly responsible for the industrial chain and quality control.
Zhongke Aerospace (Guangzhou) Equipment Industry Co., Ltd.: Mainly responsible for the specific operation of Zhongke Aerospace Technology Industrialization Base.
Zhongke Aerospace Technology Industrialization Base: Also known as Guangzhou Nansha Zhongke Aerospace Headquarters Base, the total planned area is about 600 acres. It is mainly used to carry out the development, production testing, final assembly and testing of a series of solid and liquid launch vehicles.
Xi’an Zhongke Aerospace Power Technology Co., Ltd.: Mainly responsible for the development of liquid engines.
Station No. 130 of Jiuquan Satellite Launch Center: a dedicated launch station for Lijian-1, with a planned area of 200 acres.
4. Product Type Spectrum
Lijian-1 launch vehicle: Lijian-1 is a solid launch vehicle, developed by the Institute of Mechanics of the Chinese Academy of Sciences, with participation from China Aerospace Science and Technology Institute and the Guangdong Aerospace Science and Technology Research Institute. The power system consists of four solid rocket motors and a final attitude control power system. It adopts a four-stage solid motor series configuration. All engines are developed by the Fourth Institute of China Aerospace Science and Technology Corporation. The structural system consists of 11 structural sections and 5 sets of separation devices. The electrical system adopts a hybrid bus system of 1553B+RS422+Ethernet, and the ground measurement, launch and control system and the rocket avionics system are integrated in the design. The launch mode adopts three horizontal and one vertical.
(1) Basic information
series
Basic information
Level 1
Install the SP70 integrated solid engine (a 200-ton high-performance fiber-wound composite shell integrated solid engine developed by the Aerospace Power Technology Research Institute).
Level 2
A solid engine is installed with a diameter of 2.65 meters, a charge of 35.09 tons, and a thrust of 1081.2 kN.
Level three
A solid engine is installed with a diameter of 2 meters, a charge of 9.99 tons, and a thrust of 439.3 kN.
Level 4
my country’s first spherical heterogeneous solid engine using high-performance fiber composite materials is installed, with the engine mass ratio reaching 0.91. It has a diameter of 1.32 meters, a charge of 1.99 tons, and a thrust of 78 kN.
(2) Carrying capacity
Orbital height
（km）
SSO track
（kg）
40° circular orbit
（kg）
500
1500
1955
700
1330
1730
1000
1070
1420
5. Launch price
The launch price is RMB 60,000/kg. 6. Financing situation
time
rounds
Amount
investors
2019-07-09
angel wheel
Undisclosed
Red Horse Capital, Rongxi Venture Capital
2019-11-01
Series A
Undisclosed
CITIC Juxin, Yunhui Capital
2020-11-21
A+ round
Undisclosed
Yuexiu Industrial Fund
2021-05-07
Round B
Nearly 200 million yuan
Jiantong Huake, Zhongke Chuangxing, Zyxel Capital, CITIC Construction Capital, Red Horse Capital, SDIC Securities, CITIC Juxin, Haixi Shengqian, Yuexiu Industrial Fund, Guotong Chuangfeng, Minmetals Hi-tech, Hunan Aerospace Industry Investment Fund, Yunhui Capital, Guoke Investment, Runxin New Observation Industry Fund, New Micro Capital, Chinese Academy of Sciences Capital, Hongtai AA Accelerator, Lizhe Fund
2021-11-29
B+ round
500 million yuan
Guochuang Zhihui, Qingchuang Bole
2022-09-30
Pre-C
1.2 billion RMB
Yuanqi Fund, Western Capital, Zhongbo Juli, Qing Venture Capital, Shenpu Investment
2023-04-23
C round
600 million yuan
Guangzhou Industrial Investment led the investment, Guoke Investment, Chinese Academy of Sciences Capital
2024-04-12
C+ round
60 million yuan
Galaxy Investment (Galaxy Capital)
