SHENZHEN / LONDON (IT BOLTWISE) – China is planning to enter space tourism and wants to shake up the market with a new program. China Aerospace Science and Technology Corp (CASC) will unveil details of its first space tourism offering at the China Hi-tech Fair in Shenzhen. Reusable rockets will allow tourists to cross the border into space and experience weightlessness.
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While companies like SpaceX and Blue Origin are already making headlines with their exclusive space tours for private individuals, China is now also planning to enter space tourism. China Aerospace Science and Technology Corp (CASC), the prime contractor for China’s space program, will soon announce details of its first space tourism program. This announcement comes as part of the China Hi-tech Fair, which is taking place in the southern technology capital of Shenzhen.
The new program will allow wealthy tourists to travel to the edge of Earth’s atmosphere in reusable rockets and spacecraft. The planned flights are intended to take passengers beyond the Karman Line, which is internationally recognized as the boundary to space. There, travelers can experience weightlessness and enjoy a breathtaking view of the earth. The price of this extraordinary experience is estimated to be at least one million yuan (approximately US$140,534).
China has significantly increased the pace of its rocket and satellite launches this year. Four launches were carried out this week alone. According to reports, China’s commercial space activities are estimated to be worth 2.5 trillion yuan (approximately $351.3 billion) by 2025. These developments show that China is determined to play a significant role in the global space sector, which is currently dominated by the US.
China’s push into space tourism is part of a larger trend as the country seeks to catch up with the more advanced space programs of the United States and Russia. While American companies like SpaceX and Blue Origin have already propelled wealthy individuals beyond the Karman Line, China is now also looking to gain a foothold in this lucrative market. The development of reusable rockets and spacecraft could play a key role in reducing costs and increasing accessibility.
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