
Galactic Energy Secures $336 Million for New Rockets
Chinese launch company Galactic Energy has secured $336 million in new funding to develop its reusable Pallas and upgraded Ceres-2 rockets, marking a major step.
Isaac Thorne is a technology and industry correspondent for Archeonis, specializing in advanced manufacturing, the commercial space sector, and semiconductor supply chains. He covers the convergence of high-tech industries and their impact on the global economy.
Chinese launch company Galactic Energy has secured $336 million in new funding to develop its reusable Pallas and upgraded Ceres-2 rockets, marking a major step.
China's aerospace industry is overhauling its production methods, adopting a mass-production model inspired by the automotive sector to build rockets and satellites.
Blue Origin has opened its 750,000-square-foot New Glenn rocket factory on Florida's Space Coast, marking a major step in the commercial space race.
UK-based Space Forge and US company United Semiconductors are partnering to develop semiconductor manufacturing in space, aiming to create a commercially viable industry.