Galactic Energy is a Chinese private space launch enterprise flying the Ceres-1[1][2][3] and developing the Pallas-1 and Ceres-2 orbital rockets. The company's long-term objective is to mine asteroids for rare metals and minerals.[4]
History
Galactic Energy successfully conducted its first launch in November 2020 with a Ceres-1 rocket. Galactic Energy became the second private company in China to put a satellite in orbit successfully (after i-Space) and the fourth to attempt an orbital launch (after Landspace, OneSpace, and i-Space).