Third Private Firm Achieves Reusable Rocket Launch, Targets Star Market Listing
On.cc · 2 SOURCESabout 2 hours ago2 MIN
Summary
Galaxier Power (Galaxie Dongli), a Beijing-based space technology company, successfully launched its domestically developed Zhongda-type reusable liquid launch vehicle, the Zhi Shen Xing-1 Yaoyi-1, on September 1, 2026 at 10:00 AM from the Jiuquan Dongfeng Commercial Space Innovation Test Area in Inner Mongolia . The rocket achieved successful orbit insertion, marking a complete success for the maiden flight mission and making Galaxier Power the third private aerospace company in China to successfully launch a reusable rocket . The rocket features a two-stage configuration, measures 52 meters in length with a 3.35-meter core diameter, and has a liftoff mass of approximately 283 tons with 350 tons of thrust . Its low Earth orbit payload capacity reaches 7 tons, filling a market gap in China's private rocket industry for the 5-to-15-ton payload segment . The company designed the rocket for at least 25 reuses, targeting large-scale constellation networks and heavy satellite launch markets . This successful launch has also positioned Galaxier Power favorably for its planned listing on the Shanghai STAR Market (Ke Chuang Ban) .
Key Points
- Launch occurred on September 1, 2026 at 10:00 AM from the Jiuquan Dongfeng Commercial Space Innovation Test Area in Inner Mongolia
- The Zhi Shen Xing-1 Yaoyi-1 rocket features a two-stage design, measures 52m long with 3.35m core diameter, weighing 283 tons at liftoff
- The rocket delivers 7 tons to low Earth orbit, filling China's private rocket market gap for 5-to-15-ton payloads
- Design allows at least 25 reuses, targeting the growing satellite constellation deployment market
- The successful mission qualifies Galaxier Power for its planned STAR Market listing
Why It Matters
This launch marks a significant step forward for China's commercial aerospace sector, demonstrating growing capabilities among private companies in reusable rocket technology . The Zhi Shen Xing-1 Yaoyi-1's 7-ton payload capacity and reusable design position it competitively in the global market for satellite constellation launches, potentially reducing launch costs for Hong Kong and regional satellite operators .
This launch marks a significant step forward for China's commercial aerospace sector, demonstrating growing capabilities among private companies in reusable rocket technology . The Zhi Shen Xing-1 Yaoyi-1's 7-ton payload capacity and reusable design position it competitively in the global market for satellite constellation launches, potentially reducing launch costs for Hong Kong and regional satellite operators .