Japan's 1st satellite launch attempt by private firm fails

A Space One Co. satellite-carrying rocket exploded Wednesday moments after liftoff from a spaceport in western Japan, dealing a setback to the company's aspirations of becoming the first private Japanese firm to place a satellite into orbit.The company's 18-meter-long Kairos rocket failed in its launch from Space Port Kii in Kushimoto, Wakayama Prefecture, Japan's first commercial launch site. It was announced shortly after that "flight termination measures" had been safely implemented.Local firefighters were dispatched to the scene. Police said there have been no reports of casualties so f…READ FULL ARTICLE