When was Galactic Energy founded?

Galactic Energy was founded in 2018 and raised its 1st funding round 1 year after it was founded.

Where is Galactic Energy located?

Galactic Energy is headquartered in Beijing, China.

Is Galactic Energy a funded company?

Galactic Energy is a funded company, having raised a total of $742M across 6 funding rounds to date. The company's 1st funding round was a $***** Seed round, raised on Dec 25, 2019.

When was the latest funding round of Galactic Energy?

Galactic Energy's latest funding was a $***** Series D round on Jul 11, 2026, with participation from 1 investor.

Where does Galactic Energy rank among its competitors?

Galactic Energy ranks 20th amongst 186 active competitors, of which 59 are funded. It stands 4th in terms of total funding among its competitors. The most recent competitor to raise funding was Blue Origin, which secured $10B in Sep, 2026.

Who are the top competitors of Galactic Energy?

Galactic Energy's top competitors include SpaceX, Skyroot and Astra. Among them, Blue Origin secured the most recent funding round in September, 2026.

Galactic Energy - 2026 Company Profile, Funding & Competitors

Galactic Energy is a series D company based in Beijing (China), founded in 2018. It operates as a Manufacturer of commercial launch vehicles for small payloads. Galactic Energy has raised $742M in funding from investors like Dahua Group, Tianhong Fund and Kanzhun. The company has 186 active competitors, including 59 funded and 11 that have exited. Its top competitors include companies like SpaceX, Skyroot and Astra.

Company Details

Manufacturer of commercial launch vehicles for small payloads. It has developed solid and liquid propellant launch vehicles, which are carrier rockets for the narrow-band IoT-based network construction and constellation supplement launches. Its in-house engines portfolio includes liquid-propellant engines that are reusable open cycle kerosene engines with variable thrusts, and solid propellant engines with variable thrusts. It also offers launching services with multiple launch plan options.

Website: galactic-energy.cn
Email ID: *****@126.com
Phone Number: +86 **********

Key Metrics

Founded Year

2018

Location

Beijing, China

Stage

Series D

Total Funding

$742M in 6 rounds

Latest Funding Round

Series D, Jul 11, 2026, $*****

Investors

Dahua Group & 22 more

Ranked

20^th among 186 active competitors

Similar Companies

Skyroot & 121 more

View Galactic Energy's full profile

Galactic Energy has raised a total funding of $742M over 6 rounds. Its first funding round was on Dec 25, 2019. Its latest funding round was a Series D round on Jul 11, 2026 for $*****. 1 investor participated in its latest round. Galactic Energy has 23 institutional investors.

Here is the list of recent funding rounds of Galactic Energy:

Filter this list

Date of Funding	Funding Amount	Round Name	Post-Money Valuation	Revenue Multiple	Lead Investors	Other Investors
Jul 11, 2026	9842000	Series D	9153014	8767279	5163052	8044087
Sep 28, 2025	3921845	Series D	1607447	2030786	2326639	7657727
Dec 18, 2023	6131002	Series C	5089340	6323987	Ziyang Heavy Industry Fund	Bengbu Investment Group & 3 more

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Top competitors of Galactic Energy include SpaceX, Skyroot and Astra. Here is the list of Top 10 competitors of Galactic Energy, ranked by Tracxn score:

Rank	Company Details	Short Description	Total Funding	Investors	Tracxn Score
1st	SpaceX 2002, Hawthorne (United States), Public	Provider of advanced aerospace and space transportation services	$11.9B	Fidelity Investments, Baillie Gifford & 275 others	83/100
2nd	Skyroot 2018, Hyderabad (India), Series C	Manufacturer of orbital launch vehicles for small satellite deployment missions	$150M	GIC, Sherpalo Ventures & 43 others	74/100
3rd	Astra 2016, Alameda (United States), Series B	Provider of launch services and electric propulsion systems for spacecraft	$137M	Canaan, Innovation Endeavors & 16 others	72/100
4th	Firefly Aerospace 2014, Cedar Park (United States), Public	Provider of small and medium satellite launch vehicles, lunar landers, and orbital vehicles	$589M	AE Industrial Partners, RPM Ventures & 17 others	70/100
5th	Rocket Lab 2006, Long Beach (United States), Public	Provider of launch services, spacecraft design, manufacturing, satellite components, and software	$288M	DCVC, Promus Ventures & 18 others	68/100
6th	Relativity Space 2015, Inglewood (United States), Series E	Provider of AI-powered 3D printed launch vehicles for small payloads	$1.34B	Fidelity Investments, Bond Capital & 77 others	67/100
7th	Agnikul 2017, Chennai (India), Series C	Manufacturer of orbital launch vehicles for micro and nano satellites	$62.2M	Chiratae Ventures, Celesta Capital & 110 others	66/100
8th	Blue Origin 2000, Kent (United States), Series D	Manufacturer of reusable launch vehicles for large payloads	$10B	NASA	64/100
9th	The Exploration 2021, Gauting (Germany), Series C	Developer of reusable space vehicles for cargo transport to space stations	$680M	EQT, Red River West & 28 others	64/100
10th	EtherealX 2022, Bengaluru (India), Series A	Developer of reusable medium-lift launch vehicles and related propulsion systems	$28.3M	Big Capital, YourNest & 24 others	61/100
20th	Galactic Energy 2018, Beijing (China), Series D	Manufacturer of commercial launch vehicles for small payloads	$742M	Founder Hesheng, RHEA FUND & 21 others	57/100