Galactic Energy, a private rocket maker in Beijing, carried out on Friday the eighth flight mission of its CERES 1 rocket to deploy a remote-sensing satellite into orbit.
The CERES 1 Y8 rocket blasted off at 12:57 pm at the Jiuquan Satellite Launch Center in northwestern China's Gobi Desert and placed the Jilin 1 Wide-View 02A satellite into its preset orbit, the company said in a news release.
The Y8 in the rocket's designation code meant that the rocket was the eighth of its type.
This was China's 38th rocket launch in 2023.
Remote sensing satellites refer to those tasked with observing, surveying and measuring objects on land or at sea as well as monitoring weather.
Built by Changguang Satellite Technology, a State-owned enterprise in Jilin province, the Jilin 1 Wide-View 02A is tasked with obtaining high-definition images for land resources survey, urban construction planning and agricultural and forestry businesses.
Galactic Energy has successively carried out eight orbital launches in a row, far outperforming other private competitors. These CERES 1 flights have placed a total of 29 satellites into space.
The solid-propellant Ceres 1 is about 20 meters tall, has a diameter of 1.4 meters and mainly burns solid propellant. With a liftoff weight of 33 metric tons, it is capable of sending a 300-kilogram satellite or several satellites with a combined weight of 300 kg, to a 500-km sun synchronous orbit, or 350-kg payloads to a low-Earth orbit at an altitude of 200 km.
The rocket is ideal for clients in search of a small, cost-efficient launch vehicle to deploy mini satellites, its designers said.
Source: Xinhua News Agency
Artificial Intelligence Analysis
Defense Industry Analyst:
8/10
This article provides insight into the success of a private rocket maker, Galactic Energy, in launching its eighth flight mission of its CERES 1 rocket, deploying a remote sensing satellite into orbit. This marks China’s 38th rocket launch this year and has placed a total of 29 satellites into space. The rocket is designed to be cost efficient and ideal for clients in search of a small launch vehicle to deploy mini satellites. This success is noteworthy as it marks a major advancement for China’s private space industry and could lead to further development in the military and defense sector.
Stock Market Analyst:
6/10
This article is relevant to stock market analysts as it provides information on the success of a private rocket maker, Galactic Energy, and their ability to deploy a remote sensing satellite into orbit. This achievement is noteworthy as it further demonstrates China’s advancements in the space and defense industry and could lead to increased investments in the sector. While the article does not provide any financial information, it provides a general overview of the company’s success that may be beneficial to stock market analysts.
General Industry Analyst:
7/10
This article is relevant to general industry analysts as it provides insights into the success of a private rocket maker, Galactic Energy, in launching its eighth flight mission of its CERES 1 rocket, deploying a remote sensing satellite into orbit. This marks China’s 38th rocket launch this year and has placed a total of 29 satellites into space. The rocket is designed to be cost efficient and ideal for clients in search of a small launch vehicle to deploy mini satellites. This success is noteworthy as it marks a major advancement for China’s private space industry and could lead to further development in the military and defense sector.
Analyst Summary
:
Galactic Energy, a private rocket maker in Beijing, successfully launched its eighth flight mission of its CERES 1 rocket, deploying a remote sensing satellite into orbit. This marks China’s 38th rocket launch in 2023 and has placed a total of 29 satellites into space. The rocket is designed to be cost efficient and ideal for clients in search of a small launch vehicle to deploy mini satellites. This success is noteworthy as it marks a major advancement for China’s private space industry and could lead to further development in the military and defense sector. This achievement is particularly significant when compared to the space and defense industry over the past 25 years, as China has become increasingly more competitive in the sector.
Investigative
Question:
- 1. What new technologies have enabled Galactic Energy to achieve this level of success?
- 2. How will this success impact the space and defense industry in the long-term?
- 3.
What new opportunities are opened for other private companies in China?4. How will the success of Galactic Energy affect the global space and defense industry?
5. What strategies can other companies in the space and defense industry adopt to remain competitive?
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