China intensifies pursuit of rocket reusability

  • Chinese company successfully tests reusable rocket prototype
  • Rocket hovers in the air for 9 seconds before landing back at takeoff area
  • Test conducted by Expace, a state-owned company under CASIC
  • Expace aims to develop its own launch services separate from CASC
  • China’s space sector opened to private capital in 2014, leading to emergence of startups
  • Other Chinese companies also testing rockets with potential reusability

A Chinese state-owned company, Expace, has successfully conducted a test of its reusable rocket prototype. The rocket lifted off from a test facility, hovered in the air for 9 seconds, and then landed back at the takeoff area. Expace, a subsidiary of CASIC, aims to develop its own launch services separate from its sister corporation CASC. This test is part of China’s intensified pursuit of rocket reusability. The country’s space sector was opened to private capital in 2014, leading to the emergence of several startups that are also testing rockets with potential reusability.

Public Companies: Expace (null), CASIC Rocket Technology Company (null), CASIC (null), CASC (null), iSpace (null), Landspace (null), CAS Space (null), Galactic Energy (null)
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Factuality Level: 8
Justification: The article provides information about a successful launch and landing test of a reusable rocket conducted by a Chinese state-owned company. It includes details about the test, the company involved, and its ambitions for developing reusable rockets. The article also mentions other companies in China that are working on similar projects. Overall, the information provided is specific and factual, without any obvious bias or misleading information.

Noise Level: 7
Justification: The article provides information about a Chinese state-owned company conducting a test for a reusable rocket. It mentions the company’s ambitions and previous launches. However, it lacks details about the test itself, such as the engine used and future plans. The article also briefly mentions other companies in China’s space sector but does not provide in-depth analysis or evidence to support its claims. Overall, the article contains some relevant information but lacks scientific rigor and actionable insights.

Financial Relevance: No
Financial Markets Impacted: No

Presence of Extreme Event: No
Nature of Extreme Event: No
Impact Rating of the Extreme Event: No
Justification: The article does not pertain to financial topics and does not describe any extreme events.

Reported publicly: www.space.com