TOKYO -- The Japan Aerospace Exploration Agency (JAXA) will soon be able to invest freely in private businesses under legislation currently in the works, enabling it to provide funding to projects such as the creation of low-orbit satellite constellations, Nikkei has learned.
Aerospace & Defense Industries
Japan's space agency to be freed to invest in private businesses
JAXA fund to finance low-orbit satellite constellations and other projects
JAXA's Kibo space module orbits the Earth. The Japanese space agency looks to expand the nation's private-sector space industry. (Photo by JAXA/NASA via Kyodo)
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