A Chinese business is working on a spacecraft that will be able to supply space station of China, with the small demo launch planned for 2022. InterSpace Explore, based in Beijing, struck a deal with Galactic Energy, a Chinese commercial launch company, on August 4 to launch the Zengzhang-1 demo returnable satellite on the Ceres-1 solid rocket in the year 2022.
Interspace Explore, formally known as Beijing Interstellar Development Technology Company Ltd., acquired millions of Chinese yuan (about ¥6.48 for every dollar) from Innoangel Fund, an investment firm the next day. According to Chinese media estimates, the Zenghang-1 (Growth-1) spacecraft will possess a launch mass of roughly 350 kgs and a payload of over 100 kilos.
At a media briefing, Fu Shiming, Interspace Explore founder and a former employee of state-owned spacecraft manufacturer China Academy of Space Technology (CAST) as well as a Tiangong-2 space lab project’s member, said that spacecraft are critical to human utilization of space resources and have significant commercial and military value.
Continue reading… “The startup’s purpose is to provide cargo services for China’s space station”
