Galactic Energy
Chinese aerospace company
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| 2025 | Planned first flight of Pallas-1 rocket to Low Earth Orbit (LEO) with payload details to be announced (TBA). |
| July 2024 | Anticipated inaugural flight of the Pallas-1, a two-stage medium-lift orbital launch vehicle developed by Galactic Energy. The rocket features a first stage with seven 'CQ-50' liquid oxygen/kerosene engines, capable of vertical landing recovery, and has a maximum payload capacity of 8 tons to low Earth orbit. |
| September 5 2023 | Debut of the sea-launched Ceres-1S variant, which successfully launched four Tianqi satellites from the DeFu 15002 converted barge off the coast of Haiyang. This marks the first successful sea launch for the Ceres-1 rocket series. |
| January 2022 | Raised $200 million in funding specifically for the development of reusable launch vehicle technology. |
| December 7 2021 | Galactic Energy successfully launched Ceres-1 Y2 rocket from Jiuquan, carrying multiple payloads including Tianjin University-1, Lize-1, Baoyun, Golden Bauhinia-5, and Golden Bauhinia-1 03 to Sun-Synchronous Orbit (SSO). |
| December 6 2021 | Launched its second Ceres-1 rocket, becoming the first Chinese private firm to successfully reach orbit twice. |
| November 7 2020 | First launch of Ceres-1 rocket successfully placed the Tianqi 11 satellite in orbit. The satellite was an experimental Internet of Things (IoT) communications satellite with a mass of approximately specified weight. |
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