Chinese private rocket maker defies the odds through innovation

⁠⁠⁠⁠⁠⁠⁠A Chinese private rocket manufacturer has established a foothold in the industry by pioneering innovative solutions to low-cost commercial space launches.

Founded just seven years ago, Galactic Energy has already achieved 19 successful launches, deploying 81 satellites for 25 clients - a record that makes it China's first private firm to achieve successive launch successes.

This remarkable achievement is fueled by radical engineering ingenuity. Galactic Energy has applied 3D printing technology into rocket engine manufacturing, slashing costs while improving efficiency.

"Traditional engines have a long manufacturing cycle and high costs. It takes about six months to make one. Now, by adopting a 3D printing solution, we've shortened the production cycle to less than one month, and the cost is only around 6,000 or 7,000 yuan, nearly one-tenth of the original cost. The weight is also reduced by half," said Liu Baiqi, founder and CEO of the company.

In addition, the Beijing-based firm has also made a bold design of a four-stage integrated rocket that is not divided into different sections, so as to reduce its weight.

"By removing sections from this structure, we reduced its weight by 75 kilograms. That means an extra 75 kilograms of payload capacity. At a typical rate of 100,000 yuan (about 14,000 U.S. dollars) per kilogram, carrying 75 kilograms more satellites generates an additional 7.5 million yuan per launch," Liu said.

Another striking innovation of the Galactic Energy addresses the problem of space debris. Rather than letting spent rocket parts become orbital junk, the company transforms them into functional satellites.

"So we modified it. You can see this panel. We attached a solar panel to the rocket to provide continuous power and added satellite attitude control and communication components. This part of the rocket is thus transformed into a satellite. What can this satellite be used for? First, it can conduct space environment tests and verification for new satellite components and parts. Second, it can perform low-cost space debris removal," Liu said.

Galactic Energy now flies the CERES-1 carrier rockets and is developing the CERES-2, which is expecting its first flight in late August.

Chinese private rocket maker defies the odds through innovation

South Korean President Lee Jae Myung said on Wednesday that Seoul firmly adheres to the one-China principle, in comments made ahead of his upcoming state visit to China.

The remarks were made in an interview with China Media Group (CMG). The visit is scheduled for Jan 4–7.

"The consensus reached between governments of the Republic of Korea and China when diplomatic relations were established continues to be the fundamental principle governing our relations, and its effectiveness remains steadfast. I want to clearly state that the ROK has always adhered to the one-China principle. Maintaining peace and stability in regional matters, including in Northeast Asia and concerning the Taiwan issue, holds significant importance to us," said Lee.

"The foundational relationship between the ROK and China was established on a very principled and fundamental basis from the beginning. It is clear that the ROK government has always adhered to this position and has never wavered from it. I believe that the sound development of ROK-China relations depends on both sides fully respecting each other's core interests and being mutually tolerant of each other's positions. In this context, we will, as always, uphold the one-China principle as the Taiwan issue is China's most fundamental concern," he said.

ROK president reiterates firm adherence to one-China principle