Space One's Kairos rocket explodes just after liftoff in Japan

Company is investigating after midflight termination was automatically triggered

20240313 KAIROS (Kyodo)

Space One's Kairos rocket explodes after being launched in Japan's Wakayama prefecture on March 13. © Kyodo

MITSURU OBE, Nikkei Asia chief business news correspondent

TOKYO -- Space One's maiden rocket launch failed on Wednesday in a setback for the company as it looks to become the first private venture in Japan to put a satellite into orbit and secure a slice of the fast-growing space business.

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