i-Space's Hyperbola-1 rocket failed to launch on Thursday due to "unknown" reasons, as reported by China's Xinhua news agency. The failure, described as "abnormal," is under investigation. This incident happened at the Jiuquan satellite launch center. In 2019, i-Space made history as the first private Chinese firm to launch a rocket into orbit. SpaceX remains the only company with reusable rockets achieving soft vertical landings.
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