LandSpace, China space startup, fails to put satellite in orbit
Hong Kong CNN Business — China’s private space industry has suffered a setback after a leading startup failed in its first attempt to put a satellite in orbit. LandSpace, a three-year-old company based in Beijing, said “something abnormal occurred” in the third phase of the launch Saturday that was meant to send a satellite into orbit for CCTV, China’s state-run television network. LandSpace says it’s the first private company in China to receive a license from the government to launch rockets carrying satellites, as well as the first to build a three-stage launch vehicle for such a mission. The private Chinese companies have a long way to go to match the feats of SpaceX, which regularly launches big rockets that put satellites in orbit and then return to Earth.
China’s attempt to deploy a private rocket capable of carrying a satellite fails
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