China’s iSpace plans up to 8 commercial rocket launches next year

FILE PHOTO: The Hyperbola-1 rocket of Chinese space company iSpace is seen before its successful launch from the Jiuquan Satellite Launch Centre in Gansu province, China July 25, 2019. REUTERS/Stringer/File Photo

Beijing-based startup iSpace is planning up to eight commercial rocket launches next year, after last week becoming China’s first privately funded firm to put a satellite into orbit, its executives told Reuters.

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