The Abe administration approved a new space development policy Friday that focuses less on science and more on security and how to make piles of cash.

Under the 10-year Basic Plan on Space Policy, the administration said it will improve cooperation with the United States in the area of security while aiming to boost the value of Japan's space industry to ¥5 trillion over the next decade.

"We have been able to make a long-term, specific plan that factors in the (nation's) new security policy," Prime Minister Shinzo Abe said at a meeting Friday on space strategy.