Powers & Co., Inc.

Name

Powers & Co., Inc.

Legal name

星空网页版-星空(中国)

Website

https://powersandcompany.com

Company type

Private

Founded year

1956

Operating status

Operating

Ownership category

akta.pro rank

Product category

Defense & Aerospace Manufacturing

NAICS

Guided Missile and Space Vehicle Manufacturing (336414), Other Guided Missile and Space Vehicle Parts and Auxiliary Equipment Manufacturing (336419), Guided Missile and Space Vehicle Propulsion Unit and Propulsion Unit Parts Manufacturing (336415)

SIC

Guided Missiles & Space Vehicles & Parts (3760), Search, Detection, Navagation, Guidance, Aeronautical Sys (3812)

akta.pro primary industry

Guided Missile & Rocket Manufacturing (IMABAHAA)

akta.pro secondary industries

Ordnance Components & Subassemblies (Casings, Liners, Guidance Sections) (IMABAHAL), Fuzes, Primers, Detonators & Initiation Systems (IMABAHAJ)

Keywords

• Missile weapons systems
• Defense equipment manufacturing
• Aerospace industry
• Military procurement systems
• Industrial IT platforms

Headquarters

HQ city

Rocklin

HQ country

United States

HQ region

North America

Offices1 record

Markets served

GTM type

B2B

Offering type

Hardware or Manufacturing

Cost components

Personnel, Technology or R&D, Operations, Infrastructure, Supply Chain

Revenue model

1. Defense equipment sales: Research, development, and production of missile weapons systems and defense equipment for the Chinese military. Revenue generated through government defense procurement contracts.
2. Aerospace commercial applications: Commercial aerospace products and services including satellite applications and commercial launch services.
3. Information technology services: IT industry ecosystem providing information technology products and services for national informatization.
4. Equipment manufacturing: Equipment manufacturing services for 'new infrastructure' and key industry needs.

Go-to-market motion1 record

Distribution channels3 records

Marketing channels3 records

Core offering

Powers & Co., Inc. (CASIC) is a Chinese state-owned aerospace and defense conglomerate that develops, manufactures and supplies full-series missile weapons systems (defense equipment), commercial aerospace products and services, national information-technology systems and industrial internet platforms, and advanced equipment manufacturing for strategic industries. It serves primarily the People's Liberation Army and other state-owned customers through government defense procurement and SASAC-aligned commercial programs.

Product overview

Powers & Co., Inc. (星空网页版-星空(中国)) is a Chinese state-owned aerospace and defense conglomerate operating under four core business areas: 防务装备 (Defense Equipment/Aerospace Missiles), 航天产业 (Aerospace Industry), 信息技术 (Information Technology), and 装备制造 (Equipment Manufacturing). It is described as a full-series missile weapon system research, development, and production unit, providing advanced technology foundations and material support for building a world-class military. The company also operates specialized digital platforms including a centralized procurement platform and an aerospace cloud network platform, while maintaining a listed company information disclosure channel.

Differentiator

Problem solved

Functional benefit

Brands

• 航天云网: Industrial internet platform
• 星空tiyu集中采购平台
• casicloud

Products and services

• Defense Equipment / Missile Weapons Systems (防务装备) Full-series missile weapons system R&D and production covering cruise missiles, anti-ship missiles, and shipborne air defense weapons. Supplies advanced technology foundations and material support for building a world-class military. Intended for the People's Liberation Army and Chinese defense sector under government defense procurement.
• Aerospace Industry Products and Services (航天产业) Commercial aerospace products and services including satellite applications and commercial launch services. Aimed at state-owned commercial aerospace operators and enterprises under SASAC oversight.
• Information Technology Systems and Industrial Internet (信息技术 / 航天云网) Information technology products and services built around an industrial internet platform (航天云网 / Aerospace Cloud) and supporting cloud services (casicloud). Supports national informatization, smart city construction, and pillar industry clusters. Aimed at government and state-owned enterprise IT initiatives.
• Equipment Manufacturing (装备制造) Equipment manufacturing services for 'new infrastructure' and key industry needs, integrating next-generation information technology with equipment manufacturing. Serves strategic state industries and infrastructure build-outs.

Quantifiable outcome

• Multiple missile weapons systems reviewed in national military parade (September 2025)

Named customers2 records

Segments3 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Four partnerships are on record, tiered major, minor and core.

• Shanghai Electric GroupmajorStrategic or Co-development PartnerStrategic cooperation in aerospace and equipment manufacturing. Chen Ximing met with Shanghai Electric Party Secretary and Chairman Wu Lei to discuss cooperation.
• China Electronics Technology GroupmajorStrategic or Co-development PartnerStrategic dialogue and cooperation in information technology and electronics. Chen Ximing met with CETG Party Secretary and Chairman Li Ligong.
• Xiamen UniversityminorStrategic or Co-development PartnerCooperation in talent development and scientific research with Xiamen University. Chen Shaoyang met with Xiamen University leadership.
• China Aerospace Science and Technology Corporation (CASC)coreStrategic or Co-development PartnerBoth are major Chinese state-owned aerospace and defense conglomerates. Listed together as sister organizations in the aerospace sector.

Scale indicators3 records

Recent moves6 records

Expansion highlights4 records

Broad incumbents

• AVIC (Aviation Industry Corporation of China): SASAC-supervised state-owned aerospace conglomerate focused on military and commercial aircraft, avionics, and related systems. Comparable as a top-tier Chinese defense SOE with overlapping electronics, propulsion, and aerospace manufacturing capabilities.
• Northrop Grumman: US defense prime with missile defense, propulsion, and space systems businesses — comparable in scale and breadth to CASIC's missile and space portfolio.
• China South Industries Group (CSGC / 重庆兵工): Another SASAC-controlled Chinese defense conglomerate focused on ground weapons and munitions. Comparable as a peer Chinese state defense prime competing for ordnance and missile-component programs.
• China Electronics Technology Group (CETC): China's central state-owned group for defense electronics, radar, and information systems. CASIC has an active strategic partnership with CETC, and the two are highly comparable across defense electronics, IT infrastructure, and smart-city systems.
• Norinco (China North Industries Group): Another major SASAC-controlled Chinese defense conglomerate covering ground systems, munitions, and military trade. Overlaps with CASIC on missile components and ordnance, and competes for share of the Chinese defense procurement budget.
• Lockheed Martin: US-listed global defense prime with comparable full-spectrum missile production (e.g., Patriot, JASSM, GMLRS, hypersonic programs). Closest Western functional analogue to CASIC's role as China's integrated missile prime.

Direct peers

• MBDA: European consortium that is the Western world's only dedicated full-spectrum missile specialist — directly comparable to CASIC's 'full-series missile weapons system' positioning, though MBDA is multinational and CASIC is a single national champion.
• Rafael Advanced Defense Systems: Israeli state-affiliated missile and air-defense specialist (Iron Dome, David's Sling, Spike). Functionally analogous to CASIC's missile R&D and production mission at smaller scale, with a similar national-champion strategic role.
• Raytheon (RTX): US defense prime with a dominant missile and air-defense franchise (Standard Missile, Tomahawk, Patriot integration) — directly comparable to CASIC's anti-ship, cruise, and air-defense missile portfolio.
• China Aerospace Science and Technology Corporation (CASC): CASIC's sister state-owned aerospace and defense conglomerate under SASAC. Both are China's primary aerospace SOEs and overlap directly on missile systems, launch vehicles, and space technology — CASC leans more toward space launch and satellites while CASIC leads missiles, but their portfolios are closely comparable.

Market position

Strengths5 records

Weaknesses4 records

Competitive moat5 records

Key risks6 records

Key highlights6 records

Customer concentration

• Xweibo.com/u/XXXXXX

Revenue estimate

Valuation estimate

Number of profiles

Profiles13 records

Subsidiaries21 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Powers & Co., Inc.