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China carries out first rocket launch from commercial site

Bloomberg |
Dec 01, 2024 10:08 AM IST

The rocket launched from a site on the southern island of Hainan, he first in the country dedicated to commercial missions.

China launched its first rocket from a new commercial space site on Saturday night as the country attempts to expand its presence in a business currently led by Elon Musk’s SpaceX.

The carrier rocket, named Long March-12 Y1, was sent to space by state-owned Hainan International Commercial Aerospace Launch Co. (X/@globaltimesnews)
The carrier rocket, named Long March-12 Y1, was sent to space by state-owned Hainan International Commercial Aerospace Launch Co. (X/@globaltimesnews)

The rocket successfully placed two experimental satellites into orbit, China Central Television reported.

The carrier rocket, named Long March-12 Y1, was sent to space by state-owned Hainan International Commercial Aerospace Launch Co. It launched from a site on the southern island of Hainan, the first in the country dedicated to commercial missions.

China seeks to become a space power but lags in commercial rocket launches. SpaceX had about 100 launches in 2023, eight times more than all Chinese private-sector startups combined.

The Long March-12 carrier rocket, developed by the Shanghai Academy of Spaceflight Technology, is currently the country’s largest single-core carrier rocket in payload capacity, according to Xinhua.

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Read breaking news, latest updates from US, UK, Pakistan and other countries across the world on topics related to politics,crime, and national affairs. along with Operation Sindoor Live Updates
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