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CASC

State-OwnedFounded 1999🇨🇳Beijing, ChinaCEO Chen Mingbo (Chairman)

China Aerospace Science and Technology Corporation (CASC) is the state-owned prime contractor for China's space program and the world's most prolific launch organization by missions flown.

01

Overview

Wholly owned by the central government through SASAC and led by chairman Chen Mingbo, it develops and operates the Long March (Changzheng) rocket family - which flew its 671st cumulative mission on October 10, 2026, a Long March 12 from the Hainan commercial space launch site delivering satellite-internet low-Earth-orbit group 27 - along with the Shenzhou crewed spacecraft, Tianzhou cargo vehicles, the Tiangong space station, BeiDou navigation and GuoWang broadband satellites, the Chang'e lunar and Tianwen planetary probes, and China's strategic missiles. After a national-record 73 launches in 2025, CASC is targeting over 100 launches in 2026 amid an industry-wide national push toward ~140, debuted the partially reusable Long March 12B in June 2026, and saw its Tianwen-2 probe reach the quasi-moon asteroid Kamo'oalewa on July 6, 2026. On July 10, 2026 it made China the second nation ever to recover an orbital rocket first stage, when the new single-stick, partially reusable Long March 10B flew its maiden mission from Hainan and captured its booster in a sea-based net, with a reflight of the recovered booster still targeted before the end of 2026. That momentum was interrupted on August 10, 2026, when a Long March 7A broke apart shortly after liftoff and lost its satellite payload - only the vehicle's second failure ever. CMSA said Chang'e-7 cannot fly within the 2026 window; partner reporting points to early 2027, with no official CMSA date. After a 16-day gap following the 665th mission on August 25, Long March flights resumed with the 666th on September 10 and continued through the 671st on October 10. Specialist reporting said CASC had begun a September quality-correcting campaign across its enterprises to address a severe quality challenge. On August 28, 2026 the Shenzhou-23 crew completed its first spacewalk, repairing a Tiangong solar wing and installing debris shields. The Long March 10A orbital debut and uncrewed Mengzhou 1 capsule test remain targeted around late 2026 but flagged as at risk of slipping into early 2027 - neither had flown as of October 10, 2026.

english.spacechina.comUpdated Oct 11, 2026

Analysis · 5 min read · Jun 25, 2026The long view on CASC: strategy, technology and what to watch

02

What's next8

  1. 2026-2030

    Advance the Tiangong Kaiwu space-resources program

    Target2026-2030 (feasibility and demonstration phase)

    Carry out feasibility studies and stand up an integrated, ground-supported experimental system for space resource development under the newly unveiled 'Tiangong Kaiwu' initiative, announced January 29, 2026 as a major project of China's 15th Five-Year Plan (2026-2030). The program targets small-celestial-body prospecting, intelligent autonomous mining, low-cost in-space transportation, and in-orbit processing, with a longer-term roadmap toward a lunar and near-Earth-asteroid resource system by 2035 and Mars/main-belt-asteroid development by 2050.

  2. H2 2026

    Resolve the Long March 7A investigation and clear the shared engine family

    TargetH2 2026 (root-cause finding expected)

    Determine the root cause of the August 10, 2026 Long March 7A failure that destroyed the Zhongxing-4B/ChinaSat-4B satellite - only the vehicle's second failure ever - and issue a formal finding on whether the shared YF-100-series kerolox engine family needs design changes. CASC resumed Long March flights with the 666th mission on September 10, 2026 (Long March 4B, hypergolic, not YF-100). Specialist coverage said CASC began a September quality-correcting campaign across its enterprises to resolve a 'severe quality challenge.' As of September 14, 2026 CASC has still not issued an official root-cause finding or a formal fleet-wide clearance statement.

  3. Late 2026

    Long March 10A orbital debut and Mengzhou 1 toward a crewed Moon landing

    TargetLate 2026 (Long March 10A satellite debut and Mengzhou 1, with reported risk of slipping to early 2027); 2030 (crewed landing)

    Fly the single-stick Long March 10A's own orbital debut - reported in April 2026 as carrying a Space-Time Reference Satellite to lunar transfer orbit via a CAS Space-built Kinastra upper stage - and separately fly the uncrewed Mengzhou 1 capsule test, a distinct later Long March 10A mission still targeted around late 2026. A subsequent report flagged a risk that Mengzhou 1 could instead slip into early 2027, citing incomplete ground infrastructure at the new Launch Complex 301. Neither mission had flown as of September 14, 2026. After Mengzhou 1, fly the full triple-core crewed vehicle in 2027, and conduct the two launches needed to land Chinese astronauts on the Moon before 2030.

  4. Oct-Nov 2026

    Fly the first foreign astronaut to Tiangong

    China's Manned Space Agency confirmed in February 2026 that a Pakistani payload specialist will fly a short-duration mission to the Tiangong station aboard Shenzhou-24, expected around October 2026, returning to Earth on the outgoing Shenzhou-23 - the first foreign national aboard China's independently built outpost, and a pointed act of orbital diplomacy while the US commercial-station field is still pre-launch. Candidates Muhammad Zeeshan Ali and Khurram Daud have been training at the Astronaut Center of China since arriving in late April 2026; CMSA says training is progressing smoothly ahead of the final crew assignment.

  5. By end of 2026

    Reflight the recovered Long March 10B booster

    TargetBy end of 2026 (first reflight)

    Having achieved China's first orbital first-stage recovery on the Long March 10B's July 10, 2026 maiden flight (sea-based net capture), refurbish and reflight the recovered booster before the end of 2026 - the step that turns a one-off recovery demonstration into genuine operational reusability and the clearest proof CASC has matched the core SpaceX capability. As of September 14, 2026 the reflight has still not occurred; CASC has reiterated the before-year-end target but has not announced a specific date. Scale toward routine reuse across the reusable Long March fleet (10B and 12B).

03

Latest news15

  1. Long March 12 lofts satellite-internet group 27

    A Long March 12 lifted off at 03:27 Beijing time on Oct. 10 from the Hainan commercial space launch site and placed China's satellite-internet low-Earth-orbit group 27 into its planned orbit. CASC said its commercial rocket company was the launch prime contractor, that the 62-meter, 4-meter-class vehicle can lift at least 6 tonnes to a 700 km sun-synchronous orbit, and that the flight was the 671st Long March launch. CNSA separately confirmed the satellites reached the intended orbit.

    www.spacechina.com www.cnsa.gov.cn

  2. China's Chang'e-7 moon mission may slip into 2027

    China's Chang'e-7 lunar south-pole mission, earlier reported as delayed about a month by Typhoon Narra, has been postponed more significantly: the China Manned Space Agency said on August 23 that the spacecraft does not meet launch conditions and cannot fly within its 2026 window. Multiple outlets report the mission, which aims to search for water ice near the Shackleton crater, may now slip into 2027 given the lunar transfer geometry a south-pole landing requires.

    CNN Scientific American

  3. China delays Chang'e-7 moon launch as typhoon nears Wenchang

    China postponed the Chang'e-7 lunar south-pole mission by about a month after Typhoon Narra disrupted final launch preparations at the Wenchang Spacecraft Launch Site, with a new date not yet confirmed. The Chang'e-7 stack, mounted on a CASC Long March 5 (Y14), had rolled out to the pad on August 19 for a launch originally targeted no earlier than August 24-25, aiming to land near the Shackleton crater at the lunar south pole to search for water ice.

    SpaceNews UPI

  4. CASC keeps launch cadence up with two missions in a day

    A week after a Long March 7A rocket broke apart during ascent on August 10, CASC flew two missions within about 24 hours: a Long March 12 lifted off from Hainan on August 16 carrying nine Guowang broadband satellites, followed by a Long March 2C delivering a satellite for the United Arab Emirates. CASC has not announced a root cause or a formal fleet clearance decision for the Long March 7A investigation as of this week.

    SpaceNews Xinhua

  5. Long March 12 lofts 24th Guowang internet satellite group

    A Long March 12 rocket lifted off at 12:10 Beijing time on August 16 from Launch Pad 2 at the Wenchang Commercial Space Launch Site, placing nine low-Earth-orbit internet satellites into their preset orbits. The batch is the 24th group for Guowang, China's state-backed broadband megaconstellation, and brings the number of Guowang spacecraft in orbit to roughly 195. The launch is the first Chinese orbital mission from Wenchang since a Long March 7A broke apart shortly after liftoff there on August 10.

    Xinhua People's Daily

04

Products10

05

Key metrics

Employees
More than 170,000

CASC current Chinese company profile, undated; Wikipedia still cites 174,000 for 2014

Est. annual revenue

Not separately disclosed on a current basis; the widely cited figure of CN¥294B (~$46B) group revenue traces to a 2013 report per Wikipedia's infobox, with no more recent full financial disclosure identified. Secondary business-data aggregators (e.g. ZoomInfo, Craft.co) report divergent unaudited estimates in the roughly $9-10B range that could not be corroborated against a primary CASC or SASAC source.

2025 Orbital Launches
73 (national record)
Long March Cumulative Launches
671

671st on October 10, 2026 - Long March 12 from Hainan carrying satellite-internet LEO group 27

First Orbital Booster Recovery
July 10, 2026

Long March 10B, sea-based net capture

Spacecraft Delivered by Long March
~1,400+

latest official tally, published around the 600th Long March mission in October 2025; no newer CASC figure identified through September 2026

Share of China's Launches
~86% of all national missions

latest official tally as of October 2025; no newer CASC figure identified through September 2026

Employees
More than 170,000
Ownership
Wholly state-owned (SASAC)

06

Operations & revenue

Operating status

Operational

Fully operational as the prime contractor for China's space program, led by chairman Chen Mingbo (still listed on CASC's English leadership page). After a national-record 73 launches in 2025, CASC is targeting more than 100 launches in 2026. The Long March series reached its 671st cumulative mission on October 10, 2026 (a Long March 12 from the Hainan commercial space launch site carrying satellite-internet LEO group 27), after the 666th on September 10 (Long March 4B / Yaogan-53 and Yaogan-56). CASC has still not publicly announced a root cause or a formal fleet clearance for the August 10 Long March 7A / YF-100 investigation. The Chang'e-7 stack cannot fly in the 2026 window per CMSA; partner reporting points to early 2027 with no official date. The recovered Long March 10B booster reflight is still targeted before year-end and still not flown. Neither the Long March 10A satellite debut nor the uncrewed Mengzhou 1 capsule test had flown as of October 10, 2026. The English flight-record table still ends at mission 662.

Revenue streams

  • Long March Launch Services

    Government, civil, and commercial orbital launches on the Long March family, including international commercial launches marketed through subsidiary China Great Wall Industry Corporation.

  • Satellite Manufacturing

    Design and production of BeiDou navigation, GuoWang broadband, Gaofen/Yaogan Earth-observation, and communications satellites through academies such as CAST and SAST.

  • Human Spaceflight & Space Station

    Shenzhou crewed spacecraft, Tianzhou cargo freighters, and the Tiangong space station systems and operations for China's crewed program.

  • Deep-Space & Lunar Programs

    Chang'e lunar exploration, Tianwen planetary probes, and the crewed lunar-landing program built around the Long March 10, Mengzhou spacecraft, and Lanyue lander.

  • Strategic & Defense Systems

    China's intercontinental strategic nuclear missiles and other defense and missile-system products developed across CASC's academies.

07

Track record

How past announced dates turned out.

0/2announced dates hit on time

  • 0 Hit
  • 2 Slipped
  • 0 Missed
  1. Slipped

    Chang'e-7 launch within a ~one-month post-typhoon slip

    Target Approximately late September 2026 (one month after the Aug 24 typhoon delay) · Resolved Aug 25, 2026

    The delay proved larger than initially described: the China Manned Space Agency said on August 23 that Chang'e-7 does not meet launch conditions and cannot fly within the 2026 window at all. Multiple outlets report the mission may now slip into 2027, given the lunar transfer geometry a south-pole landing requires; no new launch date has been confirmed.

  2. Slipped

    Chang'e-7 launch on Long March 5 from Wenchang

    Target Aug 24, 2026 (00:05 UTC) · Resolved Aug 23, 2026

    China postponed the Chang'e-7 launch attempt after Typhoon Narra disrupted final preparations at the Wenchang Spacecraft Launch Site. Officials said the delay is likely around one month; a new launch date has not been confirmed.

08

Timeline37

  1. 2026

    1. 670th Long March launch - Yaogan-40 04

      CASC's English page says the Yaogan-40 04 group lifted off at 4:46 p.m. Beijing Time from Taiyuan aboard a modified Long March-6 and entered preset orbits for electromagnetic environment detection. CASC numbered it the 670th Long March mission. China Daily/NCSTI, citing CASC, describes the vehicle as a Long March 6A and the satellites as Yaogan 40D, the fourth Yaogan 40 group, built by CAST.

    2. 669th Long March launch - satellite-internet LEO group 26

      On September 24, 2026 at 9:32 p.m. Beijing Time, a Long March-8A lifts off from the Hainan commercial spacecraft launch site and places the 26th group of low-orbit internet satellites into the designated orbit. CASC numbers the flight as the 669th Long March mission.

    3. 668th Long March launch - PIESAT-2 13-16

      On September 20, 2026 at 6:50 p.m. Beijing Time, a Long March-2D lifts off from the Taiyuan Satellite Launch Center carrying the PIESAT-2 13-16 satellite group, which enter their preset orbits. CASC says the launch center numbered it the 668th Long March flight.

    4. 667th Long March launch - satellite-internet LEO group 25

      On September 17, 2026 at 8:32 a.m. Beijing Time, a Long March 12 lifts off from the Hainan commercial spacecraft launch site and places the 25th group of low-orbit internet satellites into the designated orbit. CASC numbers the flight as the 667th Long March mission. Global Times, citing Science and Technology Daily, says the Eighth Academy developed the 62-meter, 4-meter-class vehicle and that CASC's commercial rocket company was the launch contractor.

    5. 671st Long March launch - satellite-internet LEO group 27

      On Oct. 10, 2026 at 03:27 Beijing time, a Long March 12 lifted off from the Hainan commercial space launch site and placed satellite-internet low-Earth-orbit group 27 into its planned orbit. CASC's commercial rocket company was the launch prime contractor. CASC and CNSA both called the mission a success and CASC numbered it the 671st Long March flight.

    6. 666th Long March launch - Yaogan-53 and Yaogan-56

      On September 10, 2026 at 5:00 p.m. Beijing Time, a Long March 4B lifts off from the Jiuquan Satellite Launch Center carrying the Yaogan-53 and Yaogan-56 remote-sensing satellite groups, which enter their planned orbits. CGTN and Xinhua report the mission as the 666th cumulative flight of the Long March series - the first Long March launch since the 665th on August 25. Specialist coverage said CASC had begun a September quality-correcting campaign across its enterprises after a 'severe quality challenge.'

    7. Shenzhou-23 crew completes first spacewalk, repairs Tiangong solar wing

      On August 28, 2026 the Shenzhou-23 crew completed its first series of extravehicular activities, working about 5.5 hours and finishing at 1:59 p.m. Beijing Time. Zhu Yangzhu and Zhang Zhiyuan, supported from inside by Li Jiaying plus the station robotic arm and ground teams, repaired the space station's solar panels and installed debris shields - the second time Chinese astronauts have performed in-orbit solar-wing maintenance. Zhu made his second career EVA; Zhang's was his first. The trio launched May 24, 2026 and had been on board more than three months.

    8. Long March 6C upper stage fragments in orbit

      The Long March 6C's spent upper stage from the August 25, 2026 rideshare mission (the 665th cumulative Long March launch) breaks apart in orbit roughly two days after liftoff. Commercial tracking firm LeoLabs detects the breakup at 02:30 UTC on August 27, 2026, in a decaying low orbit of about 396 by 482 km, estimating tens to hundreds of trackable fragments were generated. CASC has not disclosed a cause. It is the latest in a recurring pattern of post-mission upper-stage breakups affecting the Long March 6 family, most notably the Long March 6A, which shares a single YF-115 kerosene/liquid-oxygen second-stage engine design with the 6C.

09

Funding

  1. State ownership

    1999–present

    Wholly state-owned

    Government of China via the State-owned Assets Supervision and Administration Commission (SASAC)

  2. Corporate restructuring

    2017

    Limited liability conversion

    Restructured into a limited liability company under SASAC in December 2017

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