Successful launch and touchdown for next-generation Falcon 9 rocket

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Prime Minister Sheikh Hasina has said the launching of the country's first satellite, Bangabandhu-1, is another milestone in Bangladesh's continuous march forward.

Bangladesh overnight launched successfully its first communication satellite Bangabandhu-1, opening up enormous business opportunities for the country while experts said its commercial success depends on prudent business strategy.

SpaceX lifted Bangladesh's first satellite into orbit today using an upgraded rocket designed for dozens of repeat flights including back-to-back, same-day launches.

While few details about the Block 5 are available as of yet, Musk says that the rocket has more powerful engines, hardier hardware, less weight, and a more reproducible structure.

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As for the rocket's first stage, SpaceX managed to land its rocket on its autonomous barge Of Course I Still Love You 340 nautical miles offshore in the Atlantic. SpaceX plans to eventually phase out the vehicle - along with Dragon and the just-debuted Falcon Heavy rocket - in favor of the huge rocket-spaceship combo known as the BFR, which is now in development.

Stage-1 of the 2-staged Falcon 9 rocket returned to earth about eight minutes and 45 seconds after take-off.

The satellite launch, done on behalf the Bangladesh government, will allow internet access to all corners of the country.

The satellite is named after Bangabandhu Sheikh Mujibur Rahman, who is regarded as the founding father of Bangladesh. "This is quite normal for rocket launches as you can not take any risk", he said. As such, Block 5 rockets have been created to conform to NASA's crew-carrying requirements.

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The Bangabandhu-1 launch marks the first test of the Block-5, which may eventually carry humans to space for NASA.

The launch made Bangladesh the 57th nation in the world and fourth in South Asia after India, Pakistan and Sri Lanka to own a satellite.

The satellite has been built by French Thales Alenia Space, which has also developed an Ops Centre in Bangladesh to train local engineers.

Bangabandhu Satellite-1 is Bangladesh's first geostationary communications satellite, expected to have a primary service area encompassing Bangladesh and the surrounding region including territorial waters in the Bay of Bengal.

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Falcon 9, the finest rocket of American firm SpaceX, started to carry the satellite to the orbit from the Cape Canaveral launching pad at 4:14 pm United States local time.