Japan’s mainstay next-generation H3 rocket, developed by Mitsubishi Heavy Industries Ltd. and the Japan Aerospace Exploration Agency (JAXA), is now in the final stages of preparation for its first launch, to be conducted by the end of March 2022.
By keeping the launch cost of each rocket at half the conventional price, at ¥5 billion, developers aim to attract a wide range of commercial demand, including launching satellites for organizations overseas.
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