29 December 2018
Tang Yagang, President of Chinarocket Co., Ltd. under CASC, explains that its company plans to develop two types of rockets for commercial purposes - the Jielong series and the Tenglong series. The Jielong (Smart Dragon) No. 1 Solid Propellant Launch Vehicle, will make its first commercial mission in the first half of 2019. Tang said to CCTV: "The Jielong series are mainly solid propellant rockets which rely less on the launch facilities and are flexible and the Tenglong series are mainly liquid propellant rockets with a large payload capacity. To reduce the cost of entering the orbit, we must give priority to liquid propellant rockets." Tang added they are exploring the technology of reusable rockets and they expect it to be put into use in the next two to three years.
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