The business of space development is entering a new era of competition.
Japan must quickly develop a next-generation mainstay rocket that can compete against the rest of the world. However, the development of the H-3, a new domestic rocket being jointly developed by the Japan Aerospace Exploration Agency (JAXA) and Mitsubishi Heavy Industries, Ltd. has been delayed.
Its inaugural launch was scheduled to take place by the end of March this year but was postponed again due to engine problems. The final stage of development appears to be running into difficulties.
