China’s booming space industry hit by rare failure as Lijian-1 rocket fails mid-flight

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BEIJING, Dec 27 — CAS Space, one of China’s leading commercial rocket firms, said its Lijian-1 rocket unexpectedly faile...

Chinese President Xi Jinping has called for the expansion of strategic industries including the commercial space sector, which is deemed key to building constellations of satellites for communications, remote sensing and navigation.

Its previous launch, its fourth, was in September.

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Category: EconomyBusiness

Markets: MalaysiaChinaOman

Topics: Lijian-1 rocket Rocket launch CAS Space China space Rocket launch failure

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Published On: 2024-12-27 @ 15:34:34 (1 days ago)

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