Launch of a new Chinese Kuaizhou-11 commercial solid rocket ended in failure Friday resulting in the loss of two satellites.
A Chinese commercial Kuaizhou-1A rocket sold for $5.6 million in a live streamed auction hosted by e-commerce platform Taobao Wednesday.
HELSINKI — China carried out its second orbital launch in just over 24 hours late Wednesday, sending the Yinhe-1 commercial 5G satellite into low Earth orbit.
China launches six remote sensing satellites into orbit with two launches inside three hours from sites in north China.
Chinese launch companies are developing new, larger launchers; asteroid mining startup receives angel round funding.
A Chinese commercial launch-service provider created earlier this year to bid for small-satellite business worldwide expects to launch an average 10 of its Kuaizhou solid-fueled rockets per year between 2017 and 2020, the company said Nov. 29.