Another contender in the "new space race"

Iran claims first launch of its own satellite

Iran sent its first domestically made satellite into orbit, the president announced Tuesday, a key step for an ambitious space program that worries the U.S. and other world powers because the same rocket technology used to launch satellites can also deliver warheads.

For nearly a decade, Iran has sought to develop a national space program, creating unease among international leaders already concerned about its nuclear and ballistic missile programs.