Issue Out of This World, a title for launching (7)

I believe the answer is:

emanate

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'issue' is the definition.
(both can mean to give out or radiate)

I can't explain the remainder of the clue.

(Other definitions for emanate that I've seen before include "Issue or spread out from a source" , "Flow or proceed from" , "Manatee (anag.)" , "Issue or originate from manatee" , "spring" .)

I've seen this clue in The Telegraph.

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