CAS SPACE Files for STAR Market IPO, Aiming to Become China's First Commercial Spaceflight Listing

CAS SPACE filed for an IPO on China’s STAR Market, aiming to become the country’s first publicly listed commercial spaceflight company.

The mixed-ownership launch vehicle firm has completed 11 launches and delivered 86 satellites to orbit.

Backed by state-linked institutions, including the Chinese Academy of Sciences and local government entities, the company has a strong public-sector foundation.

The filing underscores rising capital-market support for China’s private space industry.