TALA, the first high-powered hybrid rocket developed in the Philippines, successfully lifted off at 11:57 AM Saturday, May 20, from the Crow Valley Gunnery Range in Capas, Tarlac.
Tala, an online lending app with over 7.5 million customers in four countries, has formed a partnership with UnionDigital Bank to launch a digital wallet called Tala Wallet.
Across all household outcome indicators, microfinance loan customers in the Southeast Asian region are seeing lower improvements in quality of life compared to clients hailing from other regions, mirrored in lower business outcomes with only 3% of respondents reporting an increase in workforce size.
The Philippine Space Agency (PhilSA) has set the launch of the TALA hybrid rocket in 2023, the country’s first high-power hybrid rocket made from 3D-printed advanced composite materials.