Japan launches reusable rocket project, chasing Musk's SpaceX

Joint initiative with private sector aims to slash costs by more than 75%

20211127 Japan rocket

The H-IIA rocket, one of Japan's main rockets, is not designed to be recovered after launch. © Reuters

Nikkei staff writers

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.

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