Private company's small rocket launched today in Kushimoto Town, Wakayama. If the satellite is successfully placed into orbit, it will be the first launch in Japan by a private company alone.

The rocket carries a small government satellite, and the plan is to detach the aircraft in stages and insert the satellite into orbit around the Earth at an altitude of 500 km after about 50 minutes. Demand for launching small satellites is increasing around the world. The company plans to launch rockets 30 times a year in the 2030s, aiming to become a ''space courier'' that delivers satellites to space at low cost.