China launches 18 satellites at under $1.5M each as Spacesail constellation grows to 274

heyshrutimishra · x · 2026-11-04

CAS Space's Kinetica-2 rocket launched 18 satellites for China's Qianfan (Spacesail) constellation from Jiuquan, its second flight. Each 300 kg flat-panel satellite costs about 10 million yuan (<$1.5M) vs. up to 300 million yuan for a traditional comms satellite — a 96% cost drop that makes a mega-constellation viable.

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