A Japanese startup that launched a rocket into space earlier this month plans to provide low-cost rocket services and compete with American rivals such as SpaceX, its founder says.
A Japanese startup that launched a rocket into space earlier this month plans to provide low-cost rocket services and compete with American rivals such as SpaceX, its founder said Wednesday.
"In Japan, space programs have been largely government-funded and they solely focused on developing rockets using the best and newest technologies, which means they are expensive," Horie told reporters in Tokyo."As a private company, we can focus on the minimum level of technology needed to go to space, which is our advantage. We can transport more goods and people to space by slashing costs.
During its May 4 flight, the unmanned MOMO-3 rocket reached 113.4 kilometers in altitude before falling into the Pacific Ocean. The cost to launch the MOMO-3 was about one-tenth of the launch cost of Japan Aerospace Exploration Agency, the country's space agency, according to Interstellar CEO Takahiro Inagawa.
The two-stage ZERO would be twice as long and much heavier than the compact MOMO-3, which is about 10 meters long and 50 centimeters in diameter and weighs about 1 ton. It would be able to send satellites into orbit or carry payloads for scientific purposes.
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