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  • China’s Galactic Energy raises $200 million for reusable launch vehicle development

China’s Galactic Energy raises $200 million for reusable launch vehicle development

Written by  Andrew Jones Monday, 24 January 2022 09:23
Render of the Galactic Energy Pallas-1 launch vehicle above the Earth.

Chinese commercial rocket maker Galactic Energy raised $200 million in two funding rounds during the second half of 2021, the company announced Monday.

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