
A Chinese launch startup is making moves toward launching its small Falcon 9-like rocket.
Galactic Energy was established in 2018 and is already working toward a test launch of its Pallas 1 rocket. Powered by the company's own Cangqiong kerosene-liquid oxygen engines, Pallas 1 will be capable of carrying 11,000 pounds (5,000 kilograms) of payload to low Earth orbit.