Chinese launch firms Space Pioneer and Galactic Energy move toward IPOs

Written by Andrew Jones Friday, 24 October 2025 08:34

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Full-scale mockup of Space Pioneer's Tianlong-3 rocket stands vertically on a newly completed launch pad at the Dongfeng Commercial Space Innovation Test Zone, located in the desert landscape of Jiuquan Satellite Launch Center. The launch pad is equipped with support towers, fueling infrastructure, and ground facilities visible under clear blue skies.

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Launch firms Space Pioneer and Galactic Energy are the latest China’s commercial space companies to move toward IPOs, amid a surge of investment.

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