Japan's space agency says it hopes to forge a profitable launch business with its new H3 rocket

📆 21/03/2024 9:34 PM
📰 WashTimes

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Japan's space agency and its prime contractor said Thursday they hope to be able to forge a profitable launch business with their new H3 rocket after its first successful flight last month in an increasingly competitive market dominated by Space X.

A Mitsubishi Heavy Industries staff member stands next to the top of the first stage of a H3 rocket, inside the Mitsubishi Heavy Industries’ Nagoya Aerospace Systems Works Tobishima Plant in Tobishima, Aichi prefecture Thursday, March 21, 2024. long.

The H3 is designed to carry larger payloads than the H-2A at about half its launch cost, or about 50 billion yen , to be globally competitive.Niitsu said there are other ways to be competitive, for example by providing flexible launch schedules and being better at meeting clients’ needs. In January, a H-2A rocket successfully placed a spy satellite into orbit, and days later JAXA’s unmanned spacecraft SLIM made the world’s first “pinpoint” moon landing.

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