A statement issued by Defence Ministry said the missile was fired on Wednesday from the Palmahim Israel Defence Forces base in central Israel.
"The test was part of an examination of a new missile currently being developed by the defence establishment," the Ha'aretz newspaper reported quoting the official statement.
Other foreign media said that the rocket fired was a Jericho missile capable of carrying nuclear warhead and striking Iran.
The firing of the missile comes amid media reports here that Israel was mulling a possible military strike to foil Iran's nuclear ambitions.
Ha'aretz said that Israeli leaders had held discussions on possible pre-emptive military action against Iran, though no decisions are believed to have been made.
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