Guangzhou-based Guoyao Tech is developing a novel launch system — based on electromagnetic technology to send both satellites and humans into space. The company has now unveiled plans for a prototype space launch of 10kg by 2022 and short-range tonnage launch by electromagnetic by 2023.

Guoyao Tech was founded in 2017, acquiring seed funding in 2018 when it hired Dr Yadong Zhang as its chief technology officer. In October 2019, after the company successfully completed its prototype electromagnetic launcher, it secured a further $1.5 million in Series A funding.

Dr Zhang said that the electromagnetic launching technology has a huge potential which is not just limited to rocket launch as it can also be applied to various forms of civil rescue and field exploration scenarios.

He explained: “In early 2020, our team successfully produced the world's first electromagnetic thrower for commercial use. The rescue equipment product has been granted 20 innovation patents in China and production capacity could reach 150,000 units a year.”

Guoyao is also attempting to cut the cost of manned, low Earth orbit (LEO) launch to $2.6 million per launch by 2025. It will be the only electromagnetic launch system that will be capable of sending human into orbit without the traditional use of chemical rockets.

Dr Zhang continued: “Our team has a strong background in electromagnetic launching technology and can quickly start the technology validation phase. The operation is flexible and can allow multiple payloads per day into Low Earth orbit, which can fully meet the launching demand of future commercial and military satellites.

“There will be no environmental damage from electromagnetic launch and it could eventually replace the first stage of rocket propulsion. A launch can be done without the need for staged propulsion, it can throw satellites directly into near-Earth orbit.

“Moreover, electromagnetic launch is inexpensive compared to conventional chemical rockets. We aim to cut the launch cost to $600 per kg of payload.”