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Japan's ispace hopes to overcome failed moon landing with 2024 trip

Private startup sees stable finances after historic attempt goes awry

A mockup of the lander and rover that ispace hopes to safely land on the moon, with the next attempt slated for 2024. (Photo by Tomoki Mera)

TOKYO -- Japanese startup ispace's attempt to be the first private company to land a craft on the moon ended in failure on Wednesday, but it said the valuable data collected throughout the craft's four-and-a-half-month journey will help it prepare another attempt next year.

"As a private business, we have customers, and we regret that we did not meet their expectations," said ispace Chief Technology Officer Ryo Ujiie at a press conference on Wednesday.

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