China Successfully Launches New Commercial Carrier Rocket

China on Thursday successfully launched Yinli-1 (YL-1), or Gravity-1 commercial carrier rocket into space from waters off Haiyang City in the eastern province of Shandong. Lunched by the Taiyuan Satellite Launch Center, the rocket blasted off at 13:30 (Beijing Time) from the offshore platform, sending three satellites of the Yunyao-1 series into the planned orbit. Developed by Tianjin Yunyao Aerospace Technology Company, the Yunyao-1 satellites are mainly used for meteorological services. This is the maiden flight of the YL-1 commercial carrier rocket. -------- Subscribe to our YouTube channel: Subscribe to Bloomberg Originals: Bloomberg Quicktake brings you global social video spanning business, technology, politics and culture. Make sense of the stories changing your business and your world. Connect with us on… YouTube: Breaking News on YouTube: @BloombergQuicktakeNow