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Galactic Energy (Beijing Xinghe Dongli Space Technology Co. Ltd.)

CN

星河动力(北京)空间科技有限公司

Galactic Energy (Beijing Xinghe Dongli Space Technology Co. Ltd.) is a Chinese private space launch company established in 2018. It focuses on developing and launching low-cost, high-frequency launch vehicles, including the Ceres-1 solid propellant rocket and the Pallas-1 liquid-fueled rocket, to meet the growing demand for commercial satellite deployments. Galactic Energy aims to provide launch services for narrow-band Internet of Things network construction and constellation supplement. The company has secured funding from domestic and international sources to support its launch vehicle development.

commercialFounded 2018
Beijing, Beijing, China
Admin Edit
0.0-5.0

All verified mentions of this organization in source documents.

Galactic Energy became the first Chinese private launch firm to reach orbit twice with its Ceres-1 solid rocket in December 2021, placing five satellites into Sun-synchronous orbit.

PlanGeneralValue 4.0Jan 24, 2022China’s Galactic Energy raises $200 million for reusable launch vehicle development

Galactic Energy raised $29,900,000 in November 2020 following the successful first launch of the Ceres-1.

FinancialGrowthPlanValue 4.3Jan 24, 2022China’s Galactic Energy raises $200 million for reusable launch vehicle development

Private firm Galactic Energy plans up to five further Ceres-1 solid rocket launches from Jiuquan during 2022 following its second successful Ceres-1 launch.

PlanGrowthValue 4.0Jan 3, 2022China aims to complete space station in another huge year in space

Galactic Energy successfully launched a Ceres-1 solid rocket in December 2021.

PlanGeneralValue 4.0Dec 30, 2021China closes record-breaking year with orbital launches from Jiuquan and Xichang

Galactic Energy achieved a successful Ceres-1 orbital launch in 2021.

PlanGeneralValue 3.0Dec 23, 2021Long March 7A launches classified Shiyan-12 satellites

The vast majority of China’s 2021 orbital launches were conducted using Long March rockets, with additional launches by commercial firms Expace, iSpace, and Galactic Energy.

GeneralCapabilityValue 3.5Dec 10, 2021China sends classified Shijian satellites into orbit with milestone Long March launch

Galactic Energy became the first Chinese private firm to reach orbit twice with the 2021-12-06 Ceres-1 launch.

GeneralValue 3.5Dec 7, 2021Chinese private firm Galactic Energy puts five satellites in orbit with second launch

Galactic Energy plans five launches in 2022.

PlanGrowthValue 4.0Dec 7, 2021Chinese private firm Galactic Energy puts five satellites in orbit with second launch

Galactic Energy launched its second Ceres-1 rocket on 2021-12-06 from the Jiuquan Satellite Launch Center.

PlanGeneralValue 4.0Dec 7, 2021Chinese private firm Galactic Energy puts five satellites in orbit with second launch

Galactic Energy improved the second and third stage engines of Ceres-1 and introduced carbon fiber composites to boost thrust-to-weight ratio, payload capacity, and overall launcher performance.

CapabilityGeneralValue 4.2Nov 11, 2021Chinese rocket firms make new moves toward launch

Private launch company Galactic Energy was preparing to launch its second Ceres-1 solid rocket in October 2021.

PlanValue 4.0Sep 9, 2021China launches ChinaSat-9B broadcast satellite

Beijing Interstellar Development Technology Co., Ltd. (InterSpace Explore) signed a deal on 2021-08-04 with Galactic Energy for launch of the Zengzhang-1 demonstration returnable satellite on a Ceres-1 solid rocket in 2022.

RelationshipsPlanValue 4.6Aug 13, 2021Startup wants to develop cargo services for Chinese space station

Galactic Energy plans two Ceres-1 launches in the months following August 2021.

PlanGrowthValue 3.6Aug 13, 2021Startup wants to develop cargo services for Chinese space station

Galactic Energy raised $21,500,000 in 2020.

FinancialValue 4.0Aug 10, 2021Chinese hypersonic spaceplane company raises $46 million

Galactic Energy became the second Chinese private company to deliver a payload into orbit in November 2020.

RelationshipsGeneralValue 3.8Aug 3, 2021Mystery surrounds Chinese private rocket launch attempt

Galactic Energy is developing the kerolox Pallas-1 reusable launcher with a test launch slated for late 2022.

PlanCapabilityValue 4.0Jul 14, 2021Chinese rocket companies are preparing for hop tests

Galactic Energy raised $21,500,000 in a 2020 funding round for its launch business.

FinancialGeneralValue 4.0Apr 25, 2021China’s commercial sector finds funding and direction

State-owned spinoffs China Rocket and Expace, and private companies Galactic Energy, iSpace, OneSpace, Deep Blue Aerospace, and Landspace are planning launches 2021.

PlanValue 3.0Apr 6, 2021Guangzhou moves to establish Chinese commercial space cluster

Private Chinese launch companies Galactic Energy, iSpace, OneSpace, Deep Blue Aerospace, and Landspace are planning launches 2021.

PlanValue 2.3Feb 26, 2021Automaker Geely gains approval for satellites for self-driving constellation

Commercial Chinese launch providers China Rocket Co. Ltd., Expace, Galactic Energy, CAS Space, Deep Blue Aerospace, and Landspace were planning launches in 2021.

PlanGeneralValue 2.5Feb 24, 2021China launches trio of Yaogan-31 ocean reconnaissance satellites
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