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Published 1 month ago

Japan’s space agency says it hopes to forge a profitable launch business with its new H3 rocket

  • Japan Aerospace Exploration Agency and Mitsubishi Heavy Industries are developing the H3 to replace the H-2A, known for a 98% success rate but high launch costs.
  • The H-2A's high launch cost limited its competitiveness in the global market, leading to the development of the more cost-effective H3.
  • The H3 is positioned to succeed the H-2A as a more competitive option in the global market for aerospace exploration.
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