@financial.review: The first Australian-made rocket has crashed and exploded shortly after it was launched by Gilmour Space from a purpose-built pad in Queensland. The rocket was the start-up’s first test flight, but it had insufficient thrust to reach orbit. It briefly hovered sideways before falling to the ground and exploding after its launch from the pad near Bowen at 8.35am on Wednesday. Read more at the link in our bio.