{"id":247666,"date":"2025-12-23T14:06:11","date_gmt":"2025-12-23T14:06:11","guid":{"rendered":"https:\/\/www.europesays.com\/ie\/247666\/"},"modified":"2025-12-23T14:06:11","modified_gmt":"2025-12-23T14:06:11","slug":"innospaces-rocket-crashes-in-first-commercial-launch-in-brazil-shares-tumble","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ie\/247666\/","title":{"rendered":"Innospace&#8217;s rocket crashes in first commercial launch in Brazil; shares tumble"},"content":{"rendered":"<p>Item 1 of 2 South Korean company Innospace&#8217;s Hanbit-Nano vehicle launches from Alcantara Space Center in Maranhao, Brazil, December 22, 2025, in this still image obtained from a video. Innospace\/Handout via REUTERS    THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES. MANDATORY CREDIT.<\/p>\n<p><b data-testid=\"Body\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__inherit-size__EyiQW body-module__base__o--Cl body-module__ultra_small_body__WelUC primary-gallery-module__pagination__3IXiB\">[1\/2]<\/b>South Korean company Innospace&#8217;s Hanbit-Nano vehicle launches from Alcantara Space Center in Maranhao, Brazil, December 22, 2025, in this still image obtained from a video. Innospace\/Handout via REUTERS    THIS IMAGE HAS BEEN SUPPLIED BY A THIRD PARTY. NO RESALES. NO ARCHIVES. MANDATORY CREDIT. <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reutersconnect.com\/item\/south-korean-company-innospace-launches-rocket-from-alcantara-space-center-in-brazil\/dGFnOnJldXRlcnMuY29tLDIwMjU6bmV3c21sX1JDMjJNSUFIRTRIQg%3D%3D\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76 collapsible-caption-module__license__CPQvV\">Purchase Licensing Rights, opens new tab<\/a>Dec 23 (Reuters) &#8211; South Korean satellite launch company Innospace <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/markets\/companies\/462350.KQ\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">(462350.KQ), opens new tab<\/a> on Monday launched the first commercial rocket from Brazil&#8217;s Alcantara Space Center, a milestone for the firm and Brazilian aerospace ambitions that ended with a crash.<\/p>\n<p>The HANBIT-Nano vehicle lifted off at 10:13 p.m. Brazil time (0113 GMT), five days later than originally scheduled.<\/p>\n<p data-testid=\"promo-box\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__promo-box__hVl8h\"> Sign up  <a data-testid=\"Link\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.reuters.com\/science\/innospaces-rocket-crashes-first-commercial-launch-brazil-shares-tumble-2025-12-23\/undefined?location=article-paragraph&amp;redirectUrl=%2Fscience%2Finnospaces-rocket-crashes-first-commercial-launch-brazil-shares-tumble-2025-12-23%2F\" class=\"text-module__text__0GDob text-module__inherit-color__PhuPF text-module__inherit-font__1P1hv text-module__inherit-size__EyiQW link-module__link__INqxZ link-module__underline_default__-okuC\" rel=\"nofollow noopener\" target=\"_blank\">here.<\/a><\/p>\n<p>Just two minutes after the launch, a live feed 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>According to Brazil&#8217;s air force, the rocket began its vertical trajectory as planned, but an issue prompted a crash into the ground. Officials and firefighters were sent to analyse the wreckage and the collision area, the air force added in a statement.<\/p>\n<p>Innospace has not provided further information about the launch and did not immediately respond to a request for comment.<\/p>\n<p>The firm&#8217;s South Korea-listed shares fell about 24% in midday trading after the crash, the biggest intraday decline since August.<\/p>\n<p>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>In a previous statement, Innospace said it replaced the component on the launch pad, allowing the Spaceward mission to proceed within its December 16-22 launch window. It was launching eight registered cargoes, including five small satellites, for undisclosed customers.<\/p>\n<p>The Brazilian air force and space agency offered operational support for the launch in coordination with key agencies.<\/p>\n<p>In March 2023, Innospace had launched its test vehicle HANBIT-TLV from the same facility in northeast Brazil to verify the performance of its 150 kN hybrid rocket engine.<\/p>\n<p data-testid=\"SignOff\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__extra_small__8Buss body-module__full_width__kCIGb body-module__extra_small_body__Bfz20 sign-off-module__text__LQAMP\">Reporting by Fernando Cardoso; Editing by Jamie Freed<\/p>\n<p data-testid=\"Body\" dir=\"ltr\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__regular__qJJtA text-module__small__sph8i body-module__base__o--Cl body-module__small_body__gOmDf article-body-module__element__5eCce article-body-module__trust-badge__5mS3f\">Our Standards: <a data-testid=\"Link\" target=\"_blank\" referrerpolicy=\"no-referrer-when-downgrade\" href=\"https:\/\/www.thomsonreuters.com\/en\/about-us\/trust-principles.html\" rel=\"noopener nofollow\" class=\"text-module__text__0GDob text-module__dark-grey__UFC18 text-module__medium__2Rl30 text-module__small__sph8i link-module__link__INqxZ link-module__underline_default__-okuC link-module__with-icon__qlg76\">The Thomson Reuters Trust Principles., opens new tab<\/a><\/p>\n<p><a href=\"https:\/\/www.reutersagency.com\/en\/licensereuterscontent\/?utm_medium=rcom-article-media&amp;utm_campaign=rcom-rcp-lead\" target=\"_blank\" dir=\"ltr\" class=\"button-module__link__A3sD0 button-module__secondary__70gBu button-module__round__QDFgq button-module__w_auto__Sem-F\" data-testid=\"LicenceContentButton\" rel=\"nofollow noopener\">Purchase Licensing Rights<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"Item 1 of 2 South Korean company Innospace&#8217;s Hanbit-Nano vehicle launches from Alcantara Space Center in Maranhao, Brazil,&hellip;\n","protected":false},"author":2,"featured_media":247667,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":"","_share_on_mastodon":"0"},"categories":[270],"tags":[82495,82496,82519,2786,82703,82577,82500,82543,82545,82535,82541,82776,82553,82536,83787,82555,82777,82547,82539,82557,82537,82540,82554,82552,82710,82551,82702,18,82578,45748,19,82504,82505,17,88439,50178,82565,85473,83788,82510,82579,82511,82512,133,451,82968,82513,82562],"class_list":["post-247666","post","type-post","status-publish","format-standard","has-post-thumbnail","category-space","tag-aer","tag-aero","tag-amers","tag-asia","tag-asxpac","tag-br","tag-cmpny","tag-destabn","tag-destafa","tag-destcsa","tag-deste","tag-destg","tag-destgns","tag-destlby","tag-destousscm","tag-destpco","tag-destpge","tag-destpsc","tag-destrast","tag-destrbn","tag-destreulb","tag-destrnp","tag-destrws","tag-destrwsa","tag-destseabs","tag-destucdptest","tag-easia","tag-eire","tag-emrg","tag-gen","tag-ie","tag-indg","tag-inds","tag-ireland","tag-kr","tag-latam","tag-mtpix","tag-mtvid","tag-packageus-science","tag-publ","tag-samer","tag-sats","tag-sci","tag-science","tag-space","tag-spc","tag-spex","tag-topicworld-brazil"],"share_on_mastodon":{"url":"","error":"Validation failed: Text character limit of 500 exceeded"},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/247666","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/comments?post=247666"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/posts\/247666\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media\/247667"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/media?parent=247666"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/categories?post=247666"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ie\/wp-json\/wp\/v2\/tags?post=247666"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}