Galactic Energy: funding, launches & products

Galactic Energy

Develops and operates solid-propellant orbital launch vehicles and liquid-fueled reusable rockets for commercial satellite constellation deployment

WEBSITE LINKEDIN

$337M TOTAL RAISED * 25 LAUNCHES 200 EMPLOYEES * 2018 FOUNDED

LIVE

LAST FLIGHT Demo Flight 2026-01-17 LAST FLIGHT Demo Flight 2026-01-17 LAST FLIGHT Demo Flight 2026-01-17 LAST FLIGHT Demo Flight 2026-01-17 LAST FLIGHT Demo Flight 2026-01-17 LAST FLIGHT Demo Flight 2026-01-17 LAST FLIGHT Demo Flight 2026-01-17 LAST FLIGHT Demo Flight 2026-01-17 LAST FLIGHT Demo Flight 2026-01-17 LAST FLIGHT Demo Flight 2026-01-17

SITREP

Galactic Energy is a private company active in launch services and space propulsion. Based in Beijing, China, it was founded in 2018 by Liu Baiqi and Xia Dongkun. It is led by CEO Liu Baiqi. Across the space value chain, it operates as an upstream supplier. Products include the Ceres-1 and Ceres-1S vehicles and the Welkin Engine components. Its first launch came in 2020.

Status Operating

HQ * Beijing, China

Locations HQ Beijing, China Huzhou, China Ningbo, China

ACTIVITY