Space & Aeronautics
Japanese heavy machinery maker IHI has developed a satellite engine that will sell for one-third of the competition's prices, in hopes of tapping growing demand for low-cost space launches for GPS-based services, particularly among startups.
Japanese startup ispace has launched a data service aimed at helping companies pursue business opportunities on the moon, part of the lunar rover developer's aim to become a "gateway" for commercial space activities.
A Mars-bound spacecraft will soon launch from Japan, part of a historic mission that, if successful, will showcase the reliability of the country's space exploration technology and serve as a springboard for its own mission in 2024.