The Chinese company LandSpace Technology Corporation has been unable to successfully put into orbit a commercial booster ZQ-1. But the rocket ultimately didn't reach orbit after something went wrong with the third stage, Reuters reports.
Zhuque-1, a privately developed Chinese carrier rocket by Beijing-based Landspace, lifts off from the launch pad at Jiuquan Satellite Launch Center in Gansu province, China October 27, 2018.
The company said that "cowling separation was normal but something abnormal happened after the second stage".
A spokesman for the company said: 'We still believe that building rockets is the right strategy.
China's private company faced a problem in its development after a rocket organization failed to send its rocket carrying a satellite into space.
The rocket was carrying the Weilai 1 microsatellite, which was meant to collect images to be used for China Central Television (CCTV) - China's government-run TV network. "We will carry on with our dream for vast space".
While this was a setback for Landspace, it wasn't as dramatic a failure as Interstellar Technologies' attempt to be the first Japanese company to launch a rocket into space in late June, when its MOMO-2 rocket barely got off the launch pad before falling back down and exploding. "But will is even more important when you have everything", LandSpace's founder Zhang Changwu wrote.
Chinese President Xi Jinping sees its space program as being vital to national prestige.
At least ten Chinese companies are making their own launch rockets.