South Korea Thursday launched its first domestically developed space rocket although it failed in its bid to put a simulation satellite load into orbit.

Nuri was launched from the Naro Space Center, in Goheung County (about 340 km south of Seoul), at 5 pm local time (8:00 GMT).

President Moon Jae-in said he was "proud" of the achievement, which gave the country an entry into an elite club of 10 nations capable of developing, manufacturing, and launching space vehicles. EFE