BEIJING -- iSpace, a Beijing-based private rocket company and China’s answer to SpaceX, said it has successfully launched its prototype “SQX-1 Y1” solid rocket from Jiuquan Satellite Launch Center, at around 1:10 pm Beijing Time today.
The event marked the first successful rocket launch into the orbit by a private Chinese company. The “SQX-1 Y1” is also the most powerful rocket ever developed by a private Chinese company.
