Iran launched Kavosh 2 [Explorer 2] rocket, the second domestically-built rocket to be launched into space. The rocket landed within 40 minutes using a parachute.
IRIB said the rocket was launched to register and send back environmental data and to test separation of the engine from the body.
The flight path reported in the media indicates that the rocket rode into suborbit, and came back to earth within 40 minutes, more in line with an intercontinental ballistic missile than a space rocket.
Update: Video of Kavosh 2 Launch: