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Politics

Japan to fuel space startups with nearly $1bn funding pool

Government will also weigh a legal framework for owning land on the moon

A rocket launch from southern Japan's Tanegashima Space Center. The country is increasing its aid to startups seeking a foothold in outer space.

TOKYO -- Japan aims to speed space startups toward the final frontier by offering monetary aid from a pool of 100 billion yen ($940 million), as well as creating a human resource hub and weighing a legal path for commercial development on the moon.

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