Chinese pseudo company Ispace experiences another launch failure
The Chinese pseudo company Ispace today had another launch failure of its Hyperbola rocket, the third in four launch attempts.
It appears the cause was a failure of the rocket’s second stage to ignite after stage separation.
Ispace’s first launch of Hyperbola 2019 successfully reached orbit, making it the first and still only Chinese pseudo-company to reach orbit. Since then however the rocket has failed three consecutive times, each for what appears to be different reasons.
The rocket itself has four-stages, all using solid fuel motors, which means the rocket is derived from military missile technology. This also illustrates why Ispace is a pseudo company. It might be financed by private capital, and be attempting to make profits on commercial and government contracts, but everything about it only exists because it has government permission and supervision.
Furthermore, while it is entirely possible for a startup to survive such a string of failures, the possibility is small. In most cases a purely private company would lose customers and investment capital. Ispace’s survival up to now suggests the Chinese government wants it to succeed, and in that sense is acting as its owner.
The Chinese pseudo company Ispace today had another launch failure of its Hyperbola rocket, the third in four launch attempts.
It appears the cause was a failure of the rocket’s second stage to ignite after stage separation.
Ispace’s first launch of Hyperbola 2019 successfully reached orbit, making it the first and still only Chinese pseudo-company to reach orbit. Since then however the rocket has failed three consecutive times, each for what appears to be different reasons.
The rocket itself has four-stages, all using solid fuel motors, which means the rocket is derived from military missile technology. This also illustrates why Ispace is a pseudo company. It might be financed by private capital, and be attempting to make profits on commercial and government contracts, but everything about it only exists because it has government permission and supervision.
Furthermore, while it is entirely possible for a startup to survive such a string of failures, the possibility is small. In most cases a purely private company would lose customers and investment capital. Ispace’s survival up to now suggests the Chinese government wants it to succeed, and in that sense is acting as its owner.