Chinese rocket startup puts satellites into orbit for first time


BEIJING (Reuters) - A rocket developed by iSpace put satellites into orbit after a launch from a state facility in northwestern China on Thursday, marking the first successful orbital launch by a privately funded Chinese firm.

iSpace's Hyperbola-1 rocket blasted off from the Jiuquan Satellite Launch Centre at 1 p.m. (0500 GMT) Thursday, sending two satellites and payloads into a predetermined orbit, the company said in a statement on its official Wechat account.

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