Rocket launch tomorrow, if successful, will be the first in Japan by a private company in Wakayama. Government aims to provide private sector support to 1 trillion yen in 10 years.
Last year there were 212 successful rocket launches around the world, a record high. Of these, the United States accounted for more than half, 108 times, and approximately 90% of these were made by SpaceX, the space development company whose CEO is Elon Musk. The Japanese government has set a goal of doubling the domestic space-related market from 4 trillion yen to 8 trillion yen.