Galactic Energy completed the largest single financing round among domestic private rocket companies.

On September 28, "Galactic Energy" announced that it had recently completed its Series D financing, with a total financing amount of 2.4 billion yuan. The investors in this round include the Beijing Commercial Space and Low - Altitude Economy Industry Investment Fund, the Nanjing Innovation Investment Group and various investment platforms in Liuhe District, Nanjing, the Sichuan Manufacturing Industry Synergy Fund and Sichuan Regional Synergy Fund under the Sichuan Industrial Revitalization Fund Investment Group, the Sichuan Achievement Transformation Fund, the Jinan Zhongtai Transportation Industry Fund, the Jiaorong Junhong Phase V Nanjing Fund, the Yizhuang Zhongying Fuyao Fund, the Chizhou Meiling Chixiang Fund, the Hainan Hecheng Space Fund, etc. According to public information statistics, this is the second - highest single - round financing in China's commercial space sector to date, second only to a 6.7 - billion - yuan financing of Yuanxin Satellite in 2024. It is also the highest single - round financing among domestic private rocket companies to date. (Shanghai Securities News)