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DISPATCH 04/26 · 11 Oct 2026
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Company Dossier

Galactic Energy

Galactic Energy is a Beijing private launch firm whose solid-fuel Ceres-1 has become the most-flown rocket of any Chinese commercial provider, and which is now building the reusable kerosene Pallas-1 for China's satellite-constellation buildout.

FILE · galactic-energyOpen-source file · BattlePolicy ProStatus Private, VC/state-backed. Not currently under US sanctions despite defense-sector ties.Unverified
Galactic Energy
Space / LaunchCNPrivate, VC/state-backed. Not currently under US sanctions despite defense-sector ties.
Galactic Energy is a Beijing private launch firm whose solid-fuel Ceres-1 has become the most-flown rocket of any Chinese commercial provider, and which is now building the reusable kerosene Pallas-1 for China's satellite-constellation buildout.
Founded
February 2018
HQ
Beijing, China
Headcount
Not disclosed
Total raised
~5 billion yuan (~$700M) since 2021
Valuation
Not disclosed
Stage
Series D (Sept 2025); reported pre-IPO
Restricted · BattlePolicy Pro

The rest of the Galactic Energy file

  • ▸Background — founding, ownership and how the company got to here
  • ▸Financial footing — rounds, valuation, backers and who is exposed
  • ▸Customers & contracts — live join against our Procurement Tracker
  • ▸Leadership — who runs it, and the contact surface
  • ▸Competitive position — who it beats, who beats it, and on what
  • ▸Battlefield relevance — confirmed combat use versus company claim
  • ▸Sources — every citation this file is built on
  • ▸Analyst verdict — where the evidence is thin and what would change our call
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