"Chinese launch startup Galactic Energy raises $154 million for Pallas-1 reusable rocket."
China is looking to create its own SpaceX competitor.
"The firm says it is targeting acquiring contracts to launch satellites for China's national satellite internet megaconstellation, named Guowang. The project would see China send close to 13,000 satellites into LEO. The national plan is seen as an answer to the SpaceX Starlink and other constellations."
Chinese launch startup Galactic Energy raises $154 million for Pallas-1 reusable rocket
