HICAL | |
Native name | 海南国际商业航天发射有限公司 |
Company type | State-owned enterprise |
Industry | Transport |
Founded | 2 June 2022 |
Headquarters | Wenchang, Hainan, China |
Key people | Yang Tianliang (Chairman of the Board)[1] |
Products | Spaceport operations and services |
Owner | Hainan Provincial Government China Satellite Network Group CASIC CASC |
Subsidiaries | Wenchang Commercial Space Launch Site |
Hainan International Commercial Aerospace Launch Co., Ltd. | |||||||
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Simplified Chinese | 海南国际商业航天发射有限公司 | ||||||
Traditional Chinese | 海南國際商業航天發射有限公司 | ||||||
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HICAL | |||||||
Chinese | 海南商发 | ||||||
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Hainan International Commercial Aerospace Launch Co., Ltd., or HICAL, is a Chinese state-owned company that operates the Wenchang Spacecraft Launch Site, China's first commercial spaceport. Established in 2022, HICAL is the first commercially incorporated company in China to independently own and manage a spaceport.
Hainan International Commercial Aerospace Launch Co., Ltd. (HICAL) was incorporated on June 2, 2022. The company is jointly funded by the Hainan Provincial Government and three state-owned aerospace contractors: China Aerospace Science and Technology Corporation, China Aerospace Science and Industry Corporation, and China Satellite Network Group. HICAL was established with a starting capital of RMB 1.5 billion.[2]
On July 6, 2022, a groundbreaking ceremony was held for the Wenchang Commercial Space Launch Site, which is China's first commercial space launch complex, and which is fully funded, constructed and operated by HICAL.[3] Launch Complex 1 was completed in December 2023 and Launch Complex 2 is expected to be completed in 2024.[4][3]