Galactic Energy
Chinese space launch startups attract a frenzy of investment
A number of China’s emerging rocket companies have secured major funding rounds in recent weeks as competition to reach orbit intensifies.
China’s Galactic Energy raises $200 million for reusable launch vehicle development
Chinese commercial rocket maker Galactic Energy raised $200 million in two funding rounds during the second half of 2021, the company announced Monday.
China aims to complete space station in another huge year in space
China’s main space contractor will target more than 40 orbital launches this year, including completion of the Tiangong space station, following 48 successful launches in 2021.
Chinese private firm Galactic Energy puts five satellites in orbit with second launch
Rocket company Galactic Energy launched its second Ceres-1 rocket late Dec. 6, becoming the first Chinese private firm to reach orbit twice.
Chinese rocket firms make new moves toward launch
A number of Chinese launch firms have taken steps towards realizing plans in recent days with a series of agreements, engine tests and launch vehicle deliveries.
Startup wants to develop cargo services for Chinese space station
A Chinese startup is aiming to developing spacecraft capable of sending cargo to China’s space station, with a first small demonstration launch set for 2022.
Chinese rocket firm Galactic Energy succeeds with first orbital launch, secures funding
Chinese rocket firm Galactic Energy successfully sent a small satellite into orbit Saturday with the first launch of its Ceres-1 launch vehicle.
China sets targets for smart, recoverable and reusable launch vehicles
China’s main space contractor is developing launch vehicles capable of learning and adapting as well as multiple technologies for recovering and reusing rockets.
Chinese rocket companies secure local government support for research, production facilities
Two young Chinese rocket companies have secured deals with local governments for the establishment of major launch vehicle facilities.
Chinese space launch firm iSpace raises $173 million in series B funding
Private Chinese launch firm iSpace has raised $172 million in series B funding for development of a new series of launch vehicles and reusable engines.
Chinese private launch firms advance with methane engines, launch preparations and new funding
A number of Chinese private launch firms for the burgeoning commercial space sector have reported progress in efforts to develop a range of launch vehicles.
Chinese launch firm Galactic Energy raises $21.5 million
Chinese private space launch firm Galactic Energy has raised $21.5 million for the development and launch of new rockets.
Chinese commercial launch companies are preparing second-generation rockets
Chinese launch companies are developing new, larger launchers; asteroid mining startup receives angel round funding.
New Chinese commercial rocket firms move toward maiden launches
A number of newer firms in the nascent Chinese NewSpace sector are taking steps towards debut suborbital and orbital launches — while also attracting funding.
