Galactic Energy Aerospace Technology

About

Galactic Energy Aerospace Technology is a private aerospace company that engages in the low-cost commercial space launch business.

Beijing,Beijing,China
1 - 10

Highlights

Details

Last Funding Type: Seed
Last Funding Money Raised: ¥150M
Industries: Aerospace,Energy
Founded date: Jan 1, 2018
Number Of Employee: 1 - 10
Operating Status: Active
Legal Name: Galactic Energy Aerospace Technology Co Ltd

Galactic Energy Aerospace Technology is a private aerospace company that engages in the low-cost commercial space launch business. Galactic Energy's key products and services include the launch service for the CERES-1 solid propellant launch vehicle, the launch service for the PALLAS-1 liquid propellant launch vehicle, the Light Year series solid propellant engine, the Welkin series liquid propellant engine, and the Edge series attitude and orbital control system.

Funding Rounds

Number of Funding Rounds

Total Funding Amount

2

¥1.42B

Galactic Energy Aerospace Technology has raised a total of ¥1.42B in funding over 2 rounds. Their latest funding was raised on Jan 24, 2022 from a Series B round.

Announced Date	Round	Money Raised	Number of Investors	Lead Investors	Post Valuation
Jan 24, 2022	Series B	¥1.27B	9	Huaqing Capital Oriental Fortune Capital	—	Detail
Jan 3, 2020	Seed	¥150M	8	Huaqiang Chuangtou Puhua Capital	—	Detail

Investors

Number of Lead Investors

Number of Investors

4

16

Galactic Energy Aerospace Technology is funded by 16 investors. Huaqing Capital and Oriental Fortune Capital are the most recent investors.

Investor Name	Lead Investor	Funding Round
Huaqing Capital	Yes	Series B
Oriental Fortune Capital	Yes	Series B
Huaqiang Chuangtou	Yes	Seed
Puhua Capital	Yes	Seed
Zhongtian Fangwu Fund Management	—	Series B
New Potential Energy Fund	—	Series B
ANHUI JIANGNAN CHEMICAL INDUSTRY CO LTD	—	Series B
AVIC International Holding	—	Series B
China Veterans Investment	—	Series B
Essential Capital	—	Series B