TOKYO -- Japan's national space agency will work with nearly 30 Japanese companies and institutions to develop reusable rockets with the goal of reducing launch costs to less than a fourth of current levels, Nikkei has learned.
Mitsubishi Heavy Industries and ANA Holdings are included in the Japan Aerospace Exploration Agency (JAXA) project, which aims for a maiden reusable rocket launch by 2030. The move is designed to boost cost competitiveness to the level of global market leader SpaceX, run by Tesla chief executive Elon Musk.
