(CNN) Iran launched a satellite on Tuesday that failed to reach orbit, after the US warned against the launch earlier this month.

The satellite "did not reach enough speed in the third stage and was not put into orbit," Mohammad Jahromi, the country's Minister of Communications and Information Technology, told the official IRNA news agency after a ceremony was held for the launch at Imam Khomeini Spaceport early Tuesday.

The minister said Iran would launch another satellite soon.

US Secretary of State Mike Pompeo warned Iran earlier this month to scrap its planned satellite launch, threatening to increase sanctions on the country.

He issued a statement Tuesday condemning the launch but did not say whether the US plans to levy new sanctions against Iran in response.