"launching of" is correct and can be used in written English.
It can be used to describe the start of a process, endeavor or project. For example, "The launching of the new product line was a great success."
The launching of the new state is scheduled for July.
It looked, to him, like the launching of a missile.
"I would hope there wouldn't be much of a lag between the launching of the combination and the launching of the standalone".
The launching of a vessel into a restricted waterway requires the application of a retarding force.
Gen. Ahmad Vahidi, announced a successful test launching of the Qiam surface-to-surface missile.
It freights the launching of the last ship from the yard with spiritual significance.
Ordinarily, the launching of a Soyuz, Russia's workhorse rocket for decades, is a mundane event.
"I'm sort of eager to begin that discussion with the launching of the report".
The successful launching of the world's first artificial satellite is enough to stretch anyone's imagination.
This is a rather poor justification for Hamas's launching of missiles at Israeli population centres.
There was indeed an element of showmanship to Mr Osborne's launching of austerity.
