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On April 14, CAS Space's Lijian-1 Y12 launch vehicle successfully launched, deploying eight satellites into orbit using a 'one rocket, eight satellites' configuration. This marked the 12th flight of the Lijian-1, which has now successfully launched 92 satellites with a total orbital payload mass exceeding 12 tons. The rocket primarily targets the small satellite market, offering diversified launch services to meet varying customer needs. The satellites launched in this mission feature high resolution and intelligent capabilities, providing multi-dimensional imaging data support

- The successful launch of the Kuaizhou-1A rocket occurred on April 14, 2026, deploying eight high-resolution optical remote sensing satellites into their designated orbits.  
- This mission marked the 12th flight of the Kuaizhou-1A, which has now placed a total of 92 satellites in space, focusing on the small satellite market with various launch services.  
- The rocket aims to enhance production efficiency, achieving an annual output of over ten launches, with plans to reduce the order response cycle to six months and to conduct its first sea launch.

Wallstreetcn

Skyverse

One Rocket, Eight Satellites: Launch Successful

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China's commercial aerospace welcomes a new milestone with the successful maiden flight of the Lijian-2 carrier rocket, completing a "one rocket, three satellites" mission. The rocket demonstrates the commercial potential of domestic medium-sized liquid rockets with its competitive costs, with its unit cost already on par with SpaceX's Falcon 9 and expected to drop to half in the future. Lijian-2 is the first rocket independently developed by Skyverse using the Common Booster Core (CBC) configuration, featuring multiple flexible configurations to support various payload requirements

- The successful maiden flight of the KZ-2 rocket marks a milestone for China's commercial space sector, launching three satellites into orbit.  
- This medium liquid rocket showcased competitive costs, with unit expenses on par with SpaceX’s Falcon 9, and potential to halve costs in the future through recovery technologies.  
- The flight validated key technologies and aims to facilitate rapid mass production, positioning it to support China's low Earth orbit internet constellation deployment.

Rocket Lab

GATD

One Rocket, Three Satellites! Skyverse's Lijian-2 Successfully Debuts, Unit Cost Rivals SpaceX

The Qingzhou prototype test spacecraft was successfully launched on March 30, 2026, carried by the Lijian-2 Y1 launch vehicle, and smoothly entered its predetermined orbit. The spacecraft, developed by the Innovation Academy of Micro-Satellites of the Chinese Academy of Sciences, weighs 4.2 tons and has good launch compatibility. This flight test carried 27 projects with a total payload of 1.02 tons, and will conduct technical experiments at orbital altitudes of 200 to 600 kilometers. In the future, the Qingzhou flight-model cargo spacecraft will dock with the Chinese space station to provide cargo transportation services

Qingzhou Prototype Test Spacecraft Successfully Launched

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On March 22, the Jielong-3 carrier rocket successfully sent the CentiSpace-1 Group 02 satellites into orbit, marking the intensive phase of China Aerospace Science and Technology Corporation's launch missions. Rocket recovery technology is considered a key factor in commercial aerospace development. Industry experts discussed investment opportunities and future recovery test plans at an investment annual meeting in Shanghai. Multiple companies, such as LandSpace and CAS Space, will conduct rocket recovery tests this year, which are expected to drive the rapid development of commercial aerospace

ADDSINO

NANYANG TECH

Tackling Rocket Recovery Technology: Industry Discusses Commercial Aerospace Development Opportunities

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Guoxing Aerospace and Shanghai Jiao Tong University Joint Laboratory completed the world's first remote driving robot experiment using space computing power, successfully achieving remote invocation of space computing power on satellites through natural language commands to drive ground humanoid robots. This technology validation marks the realization of "space computing power as a service," providing a new path for global robot remote control and enhancing the application potential of space computing power in intelligent control. This technology also reconstructs the safety boundaries of intelligent agents, promoting the global inclusiveness of artificial intelligence services

PingWest

Aerospace Huanyu

Guoxing Aerospace led the completion of the world's first remote driving robot experiment using space computing power

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Since the end of last year, commercial space projects have entered a quota competition mode. On February 12, Interstellar Glory completed a D++ round financing of 5.037 billion yuan, setting a record for the largest single financing amount for commercial rocket companies in China. At the same time, Beijing Arrow Yuan Technology completed a B round financing, Hefei Xinghuo Space Technology completed tens of millions in angel + round financing, and Galaxy Space completed a C round financing. In terms of IPOs, Blue Rocket's Sci-Tech Innovation Board IPO application has been accepted, and China Aerospace has completed IPO counseling, with multiple companies advancing their IPOs

Blue Rocket Electronics

Behind the rise in single financing amounts in commercial aerospace: Investors begin to compete for quotas, multiple companies advance IPOs

According to information from Jinjiang District, Chengdu, at the 2026 Quantum Technology Industry Ecological Development Conference and the "Four Chains Integration" Supply and Demand Matching Conference, Chengdu Xingjin Industrial Investment Co., Ltd. officially signed a contract with the Sichuan Industrial Fund to jointly initiate the establishment of Sichuan's first Quantum Technology Industry Fund, with a fund size of 1 billion yuan. (Xinhua Finance)

Sichuan's first quantum technology industry fund launched in Chengdu with a scale of 1 billion yuan

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Commercial space travel is facing opportunities and challenges in China. Yang Yiqiang, the founder of Zhongke Aerospace, depicted future living scenarios for humanity on the moon and across the ocean. Our country has applied for network data for over 200,000 satellites, needing to launch a certain proportion of satellites within a specified time. The goal for 2025 is to launch 25 commercial launch vehicles and place 311 satellites into orbit. Technological innovation, efficiency improvement, and ecological construction are key, with Blue Rocket's Zhuque series rockets achieving breakthroughs in liquid oxygen-methane technology, promoting the development of reusable rockets

Thundersoft

People's Daily: Commercial Space, "Cold Reflection" Under "High Heat"

The article points out that multiple commercial rockets, such as the Lijian No. 2 and Tianlong No. 3, are planned for launch in 2026, and more attempts at reusable rockets will narrow the technological gap with foreign countries. Experts analyze that the cost of rocket launches is a core element of commercial space development, and the key to reducing costs lies in rocket reusability technology. If successful reusability is achieved, the total launch cost of rockets could decrease by 40% to 60%

People's Daily published an article: In the 10th year of China's commercial space industry, when can we achieve rocket reusability?

Guoxing Aerospace disclosed the world's first space computing network plan centered on serving silicon-based intelligent entities (such as autonomous driving and robotics) at today's "Star Computing • Smart Connection" seminar. The network plans to deploy 2,800 computing satellites, of which over 95% are inference computing satellites. The first space computing center is scheduled for launch in May 2025, with plans to complete the commercial networking of a thousand satellites by 2030 and achieve full constellation deployment by 2035, capable of providing computing power to billions of silicon-based intelligent entities

- The China Academy of Information and Communications Technology held a conference on the "Star Computing and Intelligent Networking" space computing network plan.  
- The initiative aims to establish a space computing network with 2,800 satellites to support silicon-based intelligent entities and AI models, primarily focusing on applications in various domains such as transportation and robotics.  
- The first phase of the “Star Computing” project was launched in May 2025, with plans for a network of up to 1,000 satellites operational by 2030, serving millions of intelligent entities by 2035.

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