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Galactic Energy

Chinese launch company whose small Ceres-1 rocket has flown 23 times, making it one of China's busiest private launchers. In September 2026 it also reached orbit with Pallas-1, a larger kerosene rocket built to reuse its first stage.

Products, by altitude

Launch · From the pad to orbit

  • In service

    Ceres-1

    Small solid-fuel rocket, one of China's most-used

  • Testing

    Ceres-2

    Larger solid-fuel rocket for up to 1.6 tonnes

  • Testing

    Pallas-1

    Medium rocket with a reusable first stage

Known rounds

DateRoundAmount
Sep 2025Series DCN¥2.4B⁠1

Milestones

  • Sep 2026 Pallas-1 reached its planned orbit on its first flight from Jiuquan. No booster recovery was attempted.⁠2
  • Jan 2026 Debut flight of the larger Ceres-2 solid rocket from Jiuquan failed during powered flight and the payloads were lost.⁠3
  • Nov 2020 First Ceres-1 launch reached orbit.⁠4

Sources

  1. Galactic Energy press releaseSep 30, 2025
  2. Space.comAug 31, 2026
  3. EU Non-Proliferation and Disarmament Consortium (HCoC launch updates)
  4. SpaceNewsNov 7, 2020

Updated Oct 22, 2026 · How we source facts · Suggest a correction