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.
Company is investigating after midflight termination was automatically triggered

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