Tokyo-based startup Innovative Space Carrier Inc. will develop a reusable satellite launch rocket in partnership with a US rocket engine maker, aiming for commercial use by around 2030.
It was reported by Kyodo News.
The ASCA-1 rocket will be powered by an engine developed by US partner Ursa Major Technologies Inc. and built under what Innovative Space Carrier calls Japan's first development project for a reusable launch vehicle. Reusable rockets, capable of multiple launches, can lower costs.
For the Japanese startup, satellite launch services are a first step in its plan to operate a spacecraft by the 2040s capable of transporting around 50 people to an altitude of 400 kilometres.
ADNOC, Gecko Robotics sign deals to accelerate AI, robotics, skills training
Maktoum bin Mohammed chairs Board meeting of Federal Tax Authority
UAE’s first AI-designed business complex launched in Sharjah
ADNEC Group to host two of world’s largest events simultaneously in Abu Dhabi, London
China's Xi pushes for global AI body at APEC in counter to US
