China Academy of Space Technology explained

China Academy of Space Technology should not be confused with China Association for Science and Technology.

China Academy of Space Technology
Native Name:Chinese: 中国空间技术研究院
Acronym:CAST
Owner:China Aerospace Science and Technology Corporation
Headquarters:Haidian District, Beijing, China[1]
Established:20 February 1968
Language:Mandarin Chinese
Employees:10,000+

The China Academy of Space Technology (CAST) is a Chinese space agency and subordinate of China Aerospace Science and Technology Corporation (CASC). The agency was founded on 20 February 1968, and is the main spacecraft development and production facility in China. On 24 April 1970, CAST successfully launched China's first artificial satellite Dong Fang Hong I.

Space flight programmes

CAST designs and manufactures the Dong Fang Hong satellites.[2]

U.S. sanctions

CAST is the majority shareholder of listed company China Spacesat. On 30 June 2020, CAST owns 51.46% of China Spacesat Co.[3] In August 2020, the United States Department of Defense published the names of companies linked to the People's Liberation Army operating directly or indirectly in the United States. China Spacesat Co. was included on the list.[4] In November 2020, Donald Trump issued an executive order prohibiting any American company or individual from owning shares in companies that the United States Department of Defense has listed as having links to the People's Liberation Army, which included China Spacesat.[5] [6]

In August 2022, CAST's 502 and 513 Research Institutes were added to the United States Department of Commerce's Entity List.[7] [8]

Notes and References

  1. Web site: China Academy of Space Technology (CAST) . 15 December 2013 . NTI . https://web.archive.org/web/20130616121754/http://www.nti.org/facilities/56/ . 16 June 2013 . dead .
  2. Web site: Dongfanghong IV ready for more int'l satellite orders . Xinhua News Agency . dead . https://web.archive.org/web/20081002043340/http://news.xinhuanet.com/english/2007-07/09/content_6350674.htm . 2008-10-02 .
  3. Web site: China Spacesat Co., Ltd. . Sina Finance . 2 September 2020 . https://web.archive.org/web/20200903015443/https://vip.stock.finance.sina.com.cn/corp/go.php/vCI_StockHolder/stockid/600118/displaytype/30.phtml . 3 September 2020.
  4. Web site: U.S. Department of Defense . Qualifying Entities Prepared in Response to Section 1237 of the National Defense Authorization Act for Fiscal Year 1999 (PUBLIC LAW 105–261). U.S. Department of Defense . 30 August 2020 . https://web.archive.org/web/20200828202056/https://media.defense.gov/2020/Aug/28/2002486689/-1/-1/1/LINK_1_1237_TRANCHE-23_QUALIFYING_ENTITIES.PDF . 28 August 2020.
  5. News: Chen. Shawna. November 12, 2020. Trump bans Americans from investing in 31 companies with links to Chinese military. Axios. November 12, 2020.
  6. News: Pamuk. Humeyra. Alper. Alexandra. Ali. Idrees. 2020-11-12. Trump bans U.S. investments in firms linked to Chinese military. en. Reuters. 2020-11-12.
  7. News: Edwards . Jane . 2022-08-24 . Commerce Announces Addition of 7 Chinese Tech Institutions to Entity List . en-US . executivegov.com . 2022-08-26.
  8. News: 2022-08-23 . U.S. adds seven China-related entities to export control list . en . . 2022-08-26.