China plans to take on Elon Musk’s space power with low-cost rocket launches
SMRTR summary
China's CAS Space successfully launched its Kinetica-2 Y1 rocket on March 30, claiming launch costs of $4,350 per kilogram that rival SpaceX's Falcon 9 despite being non-reusable. While Chinese reports suggest their costs undercut Falcon 9's $5,000 per kilogram, current Falcon 9 costs are actually around $4,000 per kilogram, making the achievement less dramatic but still impressive. The company plans to develop reusable technology that could cut costs in half.
SMRTR provides this summary for quick context. The original article belongs to Interesting Engineering.
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