Source: Tech – South China Morning PostCAS Space, a leading Chinese commercial rocket maker, has filed for a listing on Shanghai’s tech-focused Star Market, joining a growing queue of private space companies seeking capital as Beijing steps up support for the sector.
Founded in 2018 and incubated by the Institute of Mechanics under the Chinese Academy of Sciences, the start-up plans to raise 4.18 billion yuan (US$600 million) to fund research and development of reusable heavy-lift rockets, spacecraft and liquid-fuel engines,…Read More