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OPERATOR · OPERATOR PROFILE · DATA AS OF 2026-05-14

China Aerospace Science and Technology Corporation

Active Government HQ: Beijing, China Founded 1999

China's primary state-owned space contractor; operator of the Long March family of launch vehicles, designer of Tiangong space station, Shenzhou crewed capsule, and Beidou navigation satellites. Globally the second-largest annual launch operator by cadence after SpaceX.

64.8
ARI Composite
Very Low Risk
#5 of 22
Peer Rank
Launch cohort
699
Total Launches
As lead operator
Estimated valuation
Not disclosed

FINANCIAL HEALTH

64.8
ARI composite · Very Low Risk
Peer rank#5 of 22
Peer groupLaunch
Data coverage55%

FLEET COMPOSITION

Every vehicle this operator has flown. Linked profiles carry the full reliability + reuse + subsystem record.

Vehicle Class Launches Success rate Reuse
Chang Zheng 3B 100 95.0%
Chang Zheng 2D 96 99.0%
Chang Zheng 2C 72 98.6%
Chang Zheng 4C 59 96.6%
Chang Zheng 4B 56 98.2%
Chang Zheng 2F 28 100.0%
Chang Zheng 3A 27 100.0%
Gushenxing 1 23 91.3%
Chang Zheng 11 18 100.0%
Chang Zheng 6A 17 100.0%
Chang Zheng 3C 17 100.0%
Chang Zheng 3B Yz 1 15 100.0%
Chang Zheng 6 14 100.0%
Chang Zheng 7A 13 92.3%
Chang Zheng 3 13 76.9%
Lijian 1 12 91.7%
Jielong 3 11 100.0%
Chang Zheng 7 9 100.0%
Chang Zheng 5 9 88.9%
Chang Zheng 2C Yz 1S 9 88.9%
Feng Bao 1 8 50.0%
Chang Zheng 2E 7 71.4%
Chang Zheng 2C Iii Sd 7 100.0%
Chang Zheng 8A 6 100.0%
Chang Zheng 8 5 100.0%
Chang Zheng 5B 4 100.0%
Chang Zheng 2D Yz 3 4 100.0%
Kt 1 3 0.0%
Chang Zheng 5B Yz 2 3 100.0%
Chang Zheng 3C Yz 1 3 100.0%
Chang Zheng 12 3 100.0%
Yinli 1 2 100.0%
Long March 7 2 100.0%
Long March 2D 2 100.0%
Kuaizhou 2 100.0%
Chang Zheng 4 2 100.0%
Chang Zheng 2 2 50.0%
Chang Zheng 1 2 100.0%
Tianlong 3 1 0.0%
Tianlong 2 1 100.0%
Smart Dragon 3 1 100.0%
Os M1 1 0.0%
Long March 6 1 100.0%
Long March 4C 1 100.0%
Long March 2C Yz 1S 1 100.0%
Lijian 2 1 100.0%
Kuaizhou 1A 1 100.0%
Jielong 1 1 100.0%
Gushenxing 2 1 0.0%
Chang Zheng 7 Yz 1A 1 100.0%
Chang Zheng 6C 1 100.0%
Chang Zheng 5 Yz 2 1 100.0%

RECENT LAUNCHES

Date Mission Vehicle Orbit Outcome
May 31, 2026 Tianzhou-10 Long March 7 LEO Delayed
May 11, 2026 Tianzhou-10 Long March 7 LEO Success
Apr 25, 2026 PRSC-EO3 Long March 6 LEO Success
Apr 24, 2026 Unknown Payload Long March 2D LEO Success
Apr 17, 2026 Daqi-2 (AEMS) Long March 4C SSO Success
Apr 17, 2026 DQ-2 Chang Zheng 4C Success
Apr 11, 2026 WHJSW-8-01 Jielong 3 Success
Apr 11, 2026 SatNet test satellite Smart Dragon 3 SSO Success
Apr 08, 2026 Xingwang Digui 21-01 Chang Zheng 6A SSO Success
Apr 07, 2026 SpaceSail Polar Group 07 Chang Zheng 8 SSO Success

SECTOR POSITION

Rank within sector#5 of 22
Tracked peers22

RECENT COVERAGE

Date Source Headline
Apr 25, 2026 NextSpaceflight Long March 6 | PRSC-EO3
Apr 24, 2026 NextSpaceflight Long March 2D | 4 x SatNet test satellites
Apr 20, 2026 NASASpaceFlight Launch Preview: GPS, Progress, and Starlink missions to launch during busy week

REGISTRY DATA

Legal nameChina Aerospace Science and Technology Corporation
OwnershipGovernment
HeadquartersBeijing, China
CountryCN
Founded1999
ParentState-owned Assets Supervision and Administration Commission (SASAC)
AliasesCASC, China Aerospace Science and Technology Corporation, China Aerospace Corporation, China Aerospace Science & Technology Corp
SubsidiariesChina Academy of Launch Vehicle Technology (CALT), Shanghai Academy of Spaceflight Technology (SAST), China Academy of Space Technology (CAST)
Key programsLong March 2C, Long March 2D, Long March 2F, Long March 3B, Long March 5, Long March 5B
Gov customersChina Manned Space Agency (CMSA), China National Space Administration (CNSA), PLA Strategic Support Force
IPO statusState-owned (SASAC)

Source: space_company_registry.json · Operator homepage → · Wikipedia summary of CASC corporate history, subsidiaries, and Long March family. Operator's English-language site at english.spacechina.com confirms ownership structure.

METHODOLOGY

Launch history and subsystem outcomes aggregate from AstraVeris's launch_events table with Wilson 95% lower bounds on success rates. ARI scores come from the 11-factor composite (/finance/methodology/). Constellation counts derive from the live CelesTrak/GCAT object catalog. Gov contracts from USAspending.gov awards; private deals from deduplicated pipeline deal extraction. Absence of a row means "not tracked" — we never fabricate. See /methodology/ for the full data model and /data-licensing/ for licensing terms.

Not investment advice. For insurance underwriting, verify against primary-source filings and operator investigation reports.