China Aerospace Science & Technology Corp. (CASC)

The China Aerospace Science and Technology Corporation (CASC) is the main contractor for the space program of the Chinese Government (ChinaSat). The group is state-owned and has a number of subordinate entities which designs, develops and manufactures a range of spacecraft, launch vehicles, strategic and tactical missile systems and ground equipment. CASC was officially established in July 1999 as part of a Chinese government reform drive, having previously been one part of the former China Aerospace Corporation. Various incarnations of the program date back to 1956.

CASC is headquartered in Bejing and owns eight large research and production entities including the China Academy of Launch Technology (CALT), Academy of Aerospace Solid Propulsion Technology (AASPT), China Academy of Space Technology (CAST), Academy of Aerospace Propulsion Technology (AALPT), Sichuan Academy of Space Flight Technology, Shanghai Academy of Space Flight Technology, China Academy of Space Electronics Technology and China Academy of Aerospace Aerodynamics, as well as specialized businesses such as the China Satellite Communications Corporation and China Great Wall Industry Corporation (CGWIC).

Along with space and defense manufacture, CASC also produces a number of high-end civilian products such as machinery, chemicals, communications equipment, transportation equipment, computers, medical care products and environmental protection equipment.

CASC provides also commercial launch services to the international market and is one of the world's most advanced organizations in the development and deployment of high-energy propellant technology, strap-on boosters, and launching multiple satellites atop a single rocket.

By the end of 2013, the corporation had a registered capital of 45 billion USD and employed 170,000 people.

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