Third Private Firm Achieves Reusable Rocket Launch, Targets Star Market Listing

Galaxier Power (Galaxie Dongli), a Beijing-based space technology company, successfully launched its domestically developed Zhongda-type reusable liquid launch vehicle, the Zhi Shen Xing-1 Yaoyi-1, on September 1, 2026 at 10:00 AM from the Jiuquan Dongfeng Commercial Space Innovation Test Area in Inner Mongolia 12. The rocket achieved successful orbit insertion, marking a complete success for the maiden flight mission and making Galaxier Power the third private aerospace company in China to successfully launch a reusable rocket 12. The rocket features a two-stage configuration, measures 52 meters in length with a 3.35-meter core diameter, and has a liftoff mass of approximately 283 tons with 350 tons of thrust 12. Its low Earth orbit payload capacity reaches 7 tons, filling a market gap in China's private rocket industry for the 5-to-15-ton payload segment 1. The company designed the rocket for at least 25 reuses, targeting large-scale constellation networks and heavy satellite launch markets 1. This successful launch has also positioned Galaxier Power favorably for its planned listing on the Shanghai STAR Market (Ke Chuang Ban) 2.

This launch marks a significant step forward for China's commercial aerospace sector, demonstrating growing capabilities among private companies in reusable rocket technology 1. The Zhi Shen Xing-1 Yaoyi-1's 7-ton payload capacity and reusable design position it competitively in the global market for satellite constellation launches, potentially reducing launch costs for Hong Kong and regional satellite operators 12.