SPACE INDEX COMPANIES INSIGHTS SECTORS PRODUCTS NEWS BLOG ANSWERS RESEARCH ABOUT FOR COMPANIES BUILD / 2026.06.04
Galactic Energy logo Galactic Energy Develops and operates solid-propellant orbital launch vehicles and liquid-fueled reusable rockets for commercial satellite constellation deployment vs Innospace Hybrid rocket-powered small satellite launch vehicles delivering low-cost, customized rapid access to sun-synchronous and low Earth orbit Innospace logo
HEAD-TO-HEAD2 shared sectors
Galactic Energy Innospace
Founded 2018 2017
Headquarters Beijing, China South Korea
Type private public
Status operating operating
Employees 200 55
Total funding $714M $38.8M
Latest round Series D Post-IPO Equity
Sectors Launch Services, Space Propulsion Launch Services, Space Propulsion
Products listed 5 5
Federal contracts
Launches 25 (84%) 4 (25%)
Leaders listed Liu Baiqi, Xia Dongkun Soo-Jong Kim, Hun Jung, Chan Jung Kim
News mentions 0 0
SHARED SECTORS
FREQUENTLY ASKED

How do Galactic Energy and Innospace compare?

Both companies work in Launch Services, Space Propulsion. Galactic Energy was founded in 2018 and Innospace in 2017.

Which is larger, Galactic Energy or Innospace?

Galactic Energy reports the larger workforce, with 200 employees versus 55.

Which has more launches, Galactic Energy or Innospace?

Galactic Energy leads with 25 tracked launches (84% success rate).

Numbers refresh on every render against the live Space Index database. Federal contract data from USAspending.gov; launches from LaunchLibrary2.