StoryFunding
Galactic Energy raises $200 million for reusable launch vehicle development
Galactic Energy secured $200 million in funding dedicated to developing reusable launch vehicles, supporting the advancement of Pallas-1 and future generations of rockets designed for cost reduction through first-stage recovery.
- Funding focused on reusable launch vehicle technology
- Supports development of Pallas-1 series
- Positions Galactic Energy as a competitor in the reusable rocket space