TOKYO -- Japanese heavy equipment makers operating in the aerospace business are tweaking their strategies to focus more on satellite-based data services.
IHI Corp. and Mitsubishi Heavy Industries are rolling out new services, including medium- and long-term weather forecasting and disaster damage assessments. They are responding to a changing environment in the satellite launch business -- a new era that will see countless small rockets lifting off from spaceports around the world, putting strong downward pressure on launch fees.
