Company - Interspace Explore
- Cargo Transport Service
- Transport Service (Re-Entry)
Microgravity Flight Service (Reusable Satellite)
Transport Service (Earth-LEO)
- 3) Development
- First launch
Beijing-based InterSpace Explore signed a deal Aug. 4 with Chinese private launch firm Galactic Energy for launch of the Zengzhang-1 demonstration returnable satellite on a Ceres-1 solid rocket in 2022.
A day later Interspace Explore, full name Beijing Interstellar Development Technology Co., Ltd., raised tens of millions of Chinese yuan (¥6.48 per dollar) from investment firm Innoangel Fund.
The Zenghang-1 (Growth-1) satellite will have a launch mass of around 350 kilograms and return a payload of more than 100 kilograms, according to Chinese media reports.
Interspace Explore founder Fu Shiming, a former employee of state-owned spacecraft maker China Academy of Space Technology (CAST) and a member of the Tiangong-2 space lab project, said at a press conference that spacecraft are essential to human use of space resources and hold huge commercial and military value.