China's Galactic Energy to Launch Pallas-1, Its First Reusable Rocket, in November

The groundbreaking launch aims to position China as a leader in space exploration by achieving a significant milestone in reusable rocket technology.

Galactic Energy's Pallas-1 rocket, named after the goddess Athena, is set for its maiden flight from Hainan in November, marking China's first attempt at reusable rocket technology.
The 49-meter rocket, capable of lifting 5 tonnes into low-Earth orbit, is designed to be used up to 50 times, showcasing China's advancements in space engineering.
While the initial launch may not include recovery, the success of Pallas-1 could pave the way for more sustainable and cost-effective space travel, challenging the current dominance of SpaceX.
Galactic Energy has secured $153.5 million in funding for the development of Pallas-1, underscoring the significant investment and interest in China's burgeoning space industry.
Other Chinese companies are also developing reusable rockets, indicating a national push towards reducing launch costs and competing globally in the satellite-based internet market.