Verified facts grounded in source documentation.
Galactic Energy plans to have the maiden flight of the Pallas-1 and Ceres-2 rockets in 2025.
On December 31, 2025 Galactic Energy stated that its partially reusable two-stage Pallas-13 launch vehicle is assembled and ready to head to the Jiuquan Satellite Launch Center for its debut flight.
Galactic Energy has had hardware for the Pallas-13 debut flight sitting since at least May 2024.
The private company Galactic Energy's solid rocket Ceres-1 was launched on November 10, but an anomaly occurred in the upper stage, resulting in the loss of three satellites on board.
Galactic Energy plans to launch the Pallas-1 from Jiuquan soon.
Galactic Energy recorded 5 successful launches of its Ceres-1 rocket, sending a company record 23 satellites into orbit.
Galactic Energy plans to launch Pallas-1 from new facilities at the Hainan commercial spaceport and is constructing a dedicated site at the Dongfeng Commercial Space Innovation Test Area at Jiuquan Satellite Launch Center.
Galactic Energy is developing the Pallas-1 kerosene-liquid oxygen launch vehicle with a targeted debut flight in 2025.
Galactic Energy is working towards the first launch of the Pallas-1 kerosene-liquid oxygen rocket with the first flight expected later in 2024 and likely to be expendable.
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 secured $154,000,000 in funding in its 1.1 billion yuan C and C+ funding rounds announced 2023-12-18.
China suffered one launch failure in 2023 with the loss of a Jilin-1 remote sensing satellite aboard a commercial Ceres-1 rocket operated by Galactic Energy.
China suffered one launch failure in 2023 with the loss of a Jilin-1 remote sensing satellite aboard a commercial Ceres-1 rocket operated by Galactic Energy.
Galactic Energy conducted four missions between 2023-07-22 and 2023-09-05, including a first launch from a mobile sea platform off the coast of Shandong province.
Galactic Energy raised $200,000,000 for reusable launch vehicle development in early 2022.
Galactic Energy completed its first launch of 2023 in early January 2023 and is looking to launch 8–10 Ceres-1 solid rockets in 2023.
Galactic Energy achieved its fifth consecutive launch success with the 2023-01-09 Ceres-1 mission.
Expace raised $237,000,000 in a B round funding in June backed by seven undisclosed investors, surpassing Galactic Energy's funding round.
Galactic Energy secured $200,000,000 in funding for Pallas-1 in January, which was the largest funding round of any launch company in China at that time.