BEIJING—A rocket developed by iSpace put satellites into orbit after a launch from a state facility in northwestern China on July 25, marking the first successful orbital launch by a privately funded Chinese firm.
iSpace’s Hyperbola-1 rocket blasted off from the Jiuquan Satellite Launch Centre at 1 p.m. (0500 GMT) Thursday, sending two satellites and payloads into a predetermined orbit, the company said in a statement on its official Wechat account.