Galactic Energy develops and operates orbital launch vehicles, including the reusable Pallas-1 and the larger Pallas-2, with payload capacities ranging from 5,000 to 58,000 kilograms to LEO.
Galactic Energy is a Chinese launch company whose Ceres-1 solid rocket has 21 successful launches serving 27 commercial customers (the Chinese commercial delivery-record holder), plus an operating Ceres-1S sea-launch variant and a Pallas-1 reusable kerolox assembled for its Jiuquan debut. It is the steady-delivery counterpoint to Landspace's technology leadership, though it absorbed a Ceres-1 failure (November 2025) and a Ceres-2 maiden failure (January 2026) within three months of raising RMB 2.4B (~$335M, the largest round ever by a Chinese rocket startup). It is in the IPO queue; revenue is estimated at 10-100m.
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Galactic Energy develops and operates orbital launch vehicles, including the reusable Pallas-1 and the larger Pallas-2, with payload capacities ranging from 5,000 to 58,000 kilograms to LEO. Galactic Energy is a Chinese launch company whose Ceres-1 solid rocket has 21 successful launches serving 27 commercial customers (the Chinese commercial delivery-record holder), plus an operating Ceres-1S sea-launch variant and a Pallas-1 reusable kerolox assembled for its Jiuquan debut. It is the steady-delivery counterpoint to Landspace's technology leadership, though it absorbed a Ceres-1 fail
Galactic Energy ranks 88 of 100 on the Space 100 (November 2026 edition) with a score of 65 out of 100, in Small launch (Launch). Assessment by Frontier Tech Intelligence.
Rocket Lab (rank 4), CAS Space (rank 78), Isar Aerospace (rank 79), Skyroot Aerospace (rank 87).
Galactic Energy is based in Beijing, Beijing, China. Stage: Public.
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