China's Long March 12B Rocket Completes Static Fire Test Amid Launch Failures
SPACE ECONOMY
China's Long March 12B rocket successfully completed a static fire test on January 16, a crucial step towards a future test flight. However, the day was marred by two significant launch failures: the Long March 3B rocket lost the Shijian-32 satellite due to a third stage malfunction, and Galactic Energy's Ceres-2 rocket failed shortly after launch, resulting in the loss of approximately six satellites. These setbacks raise concerns about reliability as China targets a record launch year in 2026.

Jan 20, 2026, 6:07 AM