China’s Hua Hong defies chip selloff on strong earnings, upbeat guidance

Chinese commercial space firm Light Year Explorer has manufactured a rocket fairing with a wooden outer skin as part of the company’s push for lower-cost, mass-produced launch vehicles. The design of the protective shell uses low-density plywood formed into a smooth aerodynamic curve, supported by an internal metal framework to bear loads, according to the Jiangsu-based company. “This configuration matches traditional composite fairings in key performance areas such as weight, structural...

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