A heavily edited photo of Kuaizhou rapid-response space launch system released on Chinese Net
Fourth Academy of China Aerospace Science and Industry Corp (CASIC), a manufacturer of missiles, plans to use its solid-fuel rockets to tap into the international commercial launch market.
Hu Shengyun, who heads solid-fuel rocket development at the Fourth Academy of CASIC, was quoted as saying by Chinamil Saturday that the company is considering founding a company dedicated to providing commercial launches for domestic and international clients.
The new company would break the monopoly by China Great Wall Industry Corp, which is currently the nation's only authorized provider of commercial launch service
CASIC began to develop Kuaizhou solid-fuel rockets in 2009, intending to form a low-cost, quick-response rocket family for the commercial launch market.
China has launched 53 Long March rockets to carry 61 satellites into space for 24 foreign clients.
"There are at least 50 domestic institutes and companies involved in the development of small and miniaturized satellites, but they have to wait a long time to have them launched," the scientist said. "This is because State-funded satellites always have priority in launch scheduling. Moreover, many small developers can't afford the high expenditure," he told China Daily.
CASIC Kuaizhou-2 Space Launch Vehicle
Globally, many space companies are seeking reliable, low-cost launch vehicles to lift their small satellites, and this represents a huge business opportunity for Kuaizhou rockets.
Currently, the Fourth Academy is making the Kuaizhou 11 and plans to launch it around 2017, according to Hu.
Compared with Kuaizhou 1 and Kuaizhou 2, the Kuaizhou 11 will have a larger diameter and stronger capacity. It will be able to place a 1-metric-ton payload into a sun-synchronous orbit at an altitude of 700 kilometers.