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Business trends

Japan space venture chases world market with spring rocket launch

Interstellar Technologies partners JAXA to overcome setbacks

Founder Takafumi Horie wants Interstellar Technologies to become the world's cheapest rocket launcher. (Photo by Mitsuru Obe)

TOKYO -- Japanese rocket startup Interstellar Technologies will launch a sounding rocket as early as the spring, which will make it the country's first private company to make it into space as Japan goes after China and the U.S. in the growing space business.

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