Date: 6 months ago   Category: Science

China opened the first private base for construction of rockets


Last year the private raketostroitelny sector of China got about 348 billion dollars of profit, mainly due to construction, start and operating of satellites. The China's first private base on production of carrier rockets was put into operation in the city of Xuzhou of the Province of Zhejiang, reports the Xinhua agency. On base will not only build rockets and their components, but also to research. Production of the rocket TQ-12 engine and liquid-fuel carrier rocket ZQ-2 on this base will begin in 2019. In turn, the ZQ-2 missile with the TQ-12 engine will be launched in 2020. According to the LandSpace company, since 2022 production base it will be capable to make about 15 ZQ-2 rockets and 200 TQ-12 engines. "Discovery of production base is the first step to large-scale commercial production of carrier rockets and engines. It is expected that it considerably will accelerate research and development and also tests of products", - the head of the LandSpace company Zhang Chanju said. The purpose of the company - production of liquid-fuel carrier rockets with use of new technologies, the prices for which will be competitive, and characteristics to correspond to characteristics of rockets of global partners. Now in China there are about 80 startups which already warm the competition will among themselves and soon present the real opening. According to the American Association of the satellite industry, only last year the private raketostroitelny sector of China got about 348 milliarzh of dollars profits, mainly due to construction, start and operating of satellites. Of course, most the small enterprises only develop satellites and the software for them, but 10 companies work as well on starting systems. Let's remind that the chairman of People's Republic of China Xi Jinping announced a victory over corruption in the ranks of the Communist Party of China.

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