Chinese startup aims to debut new reusable rocket next year

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Chinese startup aims to debut new reusable rocket next year
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Galactic Energy hopes to make its mark with the Pallas 1.

Liftoff of Galactic Energy's second Ceres-1 solid rocket from Jiuquan in the Gobi Desert, Dec. 7, 2021. The Chinese startup is also working on a reusable rocket called Pallas 1, with a debut launch targeted for 2024.Galactic Energy was established in 2018 and is already working toward a test launch of its Pallas 1. Powered by the company's own Cangqiong kerosene-liquid oxygen engines, Pallas 1 will be capable of carrying 11,000 pounds of payload to low Earth orbit.

The startup has already made a name for itself by successfully developing and launching a light-lift solid-fueled rocket named . Each of the five Ceres 1 launches so far, starting in November 2020, have been successful, marking an impressive start for the company.

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