China launches first private rocket capable of carrying satellites

Beijing-based startup “Interstellar Glory Space Technology” also known as iSpace successfully launched the china’s first commercial rocket. The 20 m (66-foot) rocket designed by iSpace named Hyperbola-1 reached an altitude of 300 kilometres (186 miles). The rocket is capable of carrying satellites into orbit.

Static/Current Takeaways Important For EPFO/LIC ADO Mains:

  • Capital of China: Beijing; Currency: Renminbi.

Source: The Hindustan Times

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