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.
All verified mentions of this organization in source documents.
Galactic Energy secured $154,000,000 in funding for development of its reusable Pallas-1 rocket.
Galactic Energy plans to launch the triple-core Pallas-1 variant as soon as 2026.
Galactic Energy raised 1.1 billion yuan in C and C+ funding rounds on 2023-12-18.
Galactic Energy plans recovery of a Pallas-1 first stage using landing legs in 2025.
Galactic Energy is targeting contracts to launch satellites for China’s national satellite internet megaconstellation Guowang, which would consist of close to 13,000 satellites in LEO.
Beijing Xinghe Dongli Space Technology Co. Ltd. is the full legal name of Galactic Energy and the company was established in February 2018.
Galactic Energy secured $154,000,000 in funding in its 1.1 billion yuan C and C+ funding rounds announced 2023-12-18.
Galactic Energy completed a return-to-flight with the 11th Ceres-1 four-stage solid rocket launch at Jiuquan spaceport on 2023-12-04, successfully sending a pair of satellites into near-polar orbits.
Galactic Energy is a potential competitor to fly low-cost cargo missions to the Tiangong space station for payloads in the 4 to 6,000 kg to LEO range.
Galactic Energy plans a rocket-powered hop test with Firebird-6 in 2024 as part of Pallas-1 reusable launcher development.
Galactic Energy is planning a triple-core variant of the Pallas-1 capable of lifting 14,000 kg to LEO and planned to launch as soon as 2026.
Galactic Energy conducted a hop test in August 2023 using a jet engine-powered test article named Firebird-1 to test guidance, navigation, and control software.
Galactic Energy’s Ceres-1 solid rocket is capable of delivering 400 kg to LEO and 300 kg to a 500-km SSO.
Galactic Energy plans a first expendable flight of Pallas-1 in the third quarter of 2024.
Galactic Energy performed a hop test with a jet engine-powered test article in August 2023 as part of development of the Pallas-1 kerosene-liquid oxygen reusable launcher.
In 2023, Galactic Energy, iSpace, Landspace, Space Pioneer, CAS Space, and Expace reached orbit and collectively accounted for 16 of China’s 58 orbital launches.
In 2023, China’s commercial launch companies CAS Space, Galactic Energy, iSpace, Expace, Space Pioneer, and Landspace reached orbit.
Galactic Energy, established in 2018, has conducted 10 orbital launches of its Ceres-1 rocket, with the latest flight being its only failure.
An investigation by Galactic Energy completed in late October concluded that abnormal ablation of a first stage engine nozzle caused the Ceres-1 rocket to lose attitude control just over a minute into the flight.
Galactic Energy performed a hop test with a jet engine-powered article as part of development for the Pallas-1 kerolox reusable launcher.