{"id":365191,"date":"2025-12-23T08:01:06","date_gmt":"2025-12-23T08:01:06","guid":{"rendered":"https:\/\/www.newsbeep.com\/us\/365191\/"},"modified":"2025-12-23T08:01:06","modified_gmt":"2025-12-23T08:01:06","slug":"innospaces-rocket-crashes-in-first-commercial-launch-in-brazil-shares-tumble","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us\/365191\/","title":{"rendered":"Innospace&#8217;s rocket crashes in first commercial launch in Brazil; shares tumble"},"content":{"rendered":"\n<p class=\"yf-7hmkaz\">Dec 23 (Reuters) &#8211; South Korean satellite launch company Innospace on Monday launched the first commercial rocket from Brazil&#8217;s Alcantara Space Center, \u200ba milestone for the firm and Brazilian aerospace ambitions that \u200cended with a crash.<\/p>\n<p class=\"yf-7hmkaz\">The HANBIT-Nano vehicle lifted off at 10:13 p.m. Brazil time (0113 GMT), \u200cfive days later than originally scheduled.<\/p>\n<p class=\"yf-7hmkaz\">Just two minutes after the launch, a <a href=\"https:\/\/tech.yahoo.com\/streaming\/\" data-ylk=\"slk:live feed;elm:context_link;itc:0;sec:content-canvas\" class=\"link \" rel=\"nofollow noopener\" target=\"_blank\">live feed<\/a> within the official livestream showed a message noting an &#8220;anomaly&#8221; was experienced during the flight. The livestream ended immediately afterward.<\/p>\n<p class=\"yf-7hmkaz\">According to Brazil&#8217;s air force, \u2060the rocket began its vertical \u200ctrajectory as planned, but an issue prompted a crash into the ground. Officials and firefighters were sent to \u200danalyse the wreckage and the collision area, the air force added in a statement.<\/p>\n<p class=\"yf-7hmkaz\">Innospace has not provided further information about the launch and did not immediately respond \u200bto a request for comment.<\/p>\n<p class=\"yf-7hmkaz\">The firm&#8217;s South Korea-listed shares fell about \u200c24% in midday trading after the crash, the biggest intraday decline since August.<\/p>\n<p class=\"yf-7hmkaz\">The launch was delayed from Wednesday after an anomaly in a cooling unit component of the first-stage oxidizer feed system during final inspections, and again on Friday for a few hours due to unfavourable weather conditions.<\/p>\n<p class=\"yf-7hmkaz\">In \u2060a previous statement, Innospace said it replaced \u200bthe component on the launch pad, allowing \u200bthe Spaceward mission to proceed within its December 16-22 launch window. It was launching eight registered cargoes, including five small \u200dsatellites, for undisclosed \u2060customers.<\/p>\n<p class=\"yf-7hmkaz\">The Brazilian air force and space agency offered operational support for the launch in coordination with key agencies.<\/p>\n<p class=\"yf-7hmkaz\">In March 2023, Innospace had \u2060launched its test vehicle HANBIT-TLV from the same facility in northeast Brazil to verify \u200cthe performance of its 150 kN hybrid rocket engine.<\/p>\n<p class=\"yf-7hmkaz\">(Reporting by \u200cFernando Cardoso; Editing by Jamie Freed)<\/p>\n","protected":false},"excerpt":{"rendered":"Dec 23 (Reuters) &#8211; South Korean satellite launch company Innospace on Monday launched the first commercial rocket from&hellip;\n","protected":false},"author":2,"featured_media":365192,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[48],"tags":[941,131613,81536,79,193],"class_list":["post-365191","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-brazil","tag-innospace","tag-satellite-launch","tag-science","tag-space"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/365191","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/comments?post=365191"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/posts\/365191\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media\/365192"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/media?parent=365191"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/categories?post=365191"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us\/wp-json\/wp\/v2\/tags?post=365191"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}