South Korean Rocket Maker Innospace Says Gas Leak Caused Failure

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Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the worldAmericas+1 212 318 2000EMEA+44 20 7330 7500Asia Pacific+65 6212 1000The failed launch of a South Korean rocket in Brazil last December was caused by a gas leak, according to its developer Innospace Co., which is gearing up for another attempt in the third quarter of this year. The Hanbit-Nano, developed by the South Korean rocket company, crashed less than a minute after liftoff from the Alcântara Launch Center on Brazil’s Atlantic coast.
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