China Successfully Launches New Commercial Carrier Rocket

A Chinese #space #startup launched its first rocket from a marine platform in the Yellow Sea, intensifying a race among local companies attempting to compete with foreign firms such as Elon #Musk’s #SpaceX. Gravity-1, a mid-sized rocket made by #Beijing-based Orienspace, took off from a ship near the coast of the northeastern city of #Haiyang at 1:30 p.m. local time and sent three satellites into orbit, according to state media. Read more: -------- Subscribe to our YouTube channel: Subscribe to Bloomberg Originals: Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: Breaking News on YouTube: