Mitsubishi Heavy Industries (MHI) and the Japan Aerospace Exploration Agency (JAXA) are excited about the successful maiden flight of their new H3 rocket last month. They hope to carve out a profitable launch business in the competitive global market, currently dominated by Space X.
The H3 rocket is being developed as a successor to the H-2A, which is set to retire soon. The H-2A has an impressive 98% success rate but has struggled to compete due to its high launch cost. The H3 aims to address this issue and cater to the increasing demand for communication, observation, and security satellites.
Mitsubishi Heavy Industries plans to conduct at least six launches annually to meet the rising satellite launch needs. The goal is to establish the H3 as a viable alternative in the market, given the high demand for rockets and the shortage of available options. Despite Space X’s dominance, there is hope for the H3 to carve out its own niche in the industry.
After a successful launch that saw two small observation satellites deployed into orbit, Mitsubishi Heavy Industries is eager to take over H3 production and launches from JAXA. The aim is to make the H3 economically competitive while offering a capable platform for various payloads. The rocket, at 57 meters long, promises larger payloads at a reduced launch cost compared to the H-2A.
While MHI still considers their launch cost high, they aspire to enhance price competitiveness after more launches. They are also exploring other strategies like flexible launch schedules to meet client needs effectively. Recent achievements such as placing a spy satellite into orbit and a successful moon landing demonstration showcase Japan’s progress in space exploration and technology.
In conclusion, Japan’s space industry continues to thrive with companies like JAXA and MHI leading the way in developing cutting-edge technology that caters
