Chinese rocket start-up iSpace, backed by Matrix Partners China, has successfully launched its Hyperbolic No. 1 (SQX-1Z) commercial sub-orbital rocket at China’s Jiuquan Satellite Launch Center this afternoon. This is the first time a private space company has ever conducted a launch in China’s national launch center. Watch a video of the launch below: The rocket carries three cube stars. After entering the predetermined orbit, the rocket releases two cube stars in sequence for suborbital verification flight, and one of …

China’s iSpace Completes Rocket Launch In Jiuquan State Launch Center appeared first on China Money Network.