# Cas Space Exploration

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/cas-space-exploration

- Industry: Aerospace
- Headquarters: Guangzhou, China
- Total disclosed funding: $95M
- Latest round: Series C (Apr 12, 2024)
- Investors on record: 4

## About

Established in 2018 and based in Guangzhou, China, Cas Space Exploration is a spacecraft developer dedicated to space technology exploration and aerospace vehicle research and development services. The company has five departments, which are finance, marketing, customer service, installation, and technology, as well as two centres, a GPS monitoring service centre and a research and development centre. In addition, it has 45 employees and more than half of them have more than 6 years of experience in GPS service. In April 2024, the company raised CNY 60 million in strategic investment from new investor China Galaxy Investment Management.

The company is engaged in space technology exploration, space vehicle development and integration, and space launch services. The rockets launched by the company include Lijian-1, Lijian-1's Yao-2, and Lijian-1's Yao-3. Cas Space Exploration dedicated to building a platform for space science and technology exploration and space launch vehicle development and integration. Its business scope covers serial launch vehicle development, customized space launch, suborbital space tourism, etc.

The company generates revenue by providing space technology exploration, spacecraft development and integration, and space launch services.

## Funding rounds

- Series C, Apr 12, 2024, $8.3M — China Galaxy Investment Management
- Series C, Apr 23, 2023, $87M — CAS Investment Management, Guangzhou Industry Investment Holding Group, CAS Capital

## Investors

- CAS Investment Management (https://capitalatlas.ai/funds/cas-investment-management) — Series C
- Guangzhou Industry Investment Holding Group (https://capitalatlas.ai/funds/guangzhou-industry-investment-holding-group) — Series C
- CAS Capital — Series C
- China Galaxy Investment Management (https://capitalatlas.ai/funds/china-galaxy-investment-management) — Series C