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A CAS Space rocket model. Photo: VCG
The rocket-maker plans to raise $607 million in Shanghai as private aerospace firms compete to develop launch vehicles to meet booming satellite demand
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A CAS Space rocket model. Photo: VCG

Unprofitable but promising rocket firm rides new rules onto STAR Market as China hustles to close the gap with SpaceX

Listing is the first accepted under a fast-track process for pre-revenue rocket companies, as China prioritises space development.

The Shanghai operator is drawing interest from state-backed investors as it races to build its Qianfan megaconstellation and…

Bolstered by improved market sentiment, LandSpace and others seek funding in onshore markets to fuel growth.

China’s emerging aerospace firms are lining up to list as SpaceX’s blockbuster flotation shines a spotlight on the sector.

Elon Musk's SpaceX holds a near monopoly on the technology. Its Falcon 9 is the only reusable rocket model regularly launched and…