The launch of the carrier rocket developed by South Korea's Innospace failed in Brazil.

The Brazilian Air Force reported that a South Korean company's carrier rocket launched from the Alcantara Launch Center in Brazil soon fell and crashed to the ground. Live broadcast footage of the launch showed the launch of the Han-guang Nano rocket, developed by South Korean satellite launch service company Innospace, from the launch pad at 10:13 pm Brasilia time on Monday. However, the footage was cut off approximately one minute later. After the launch failure, Innospace's stock price plummeted by 30% and hit the limit down. The company did not immediately respond to requests for comment.