Japan to set up $6.7bn JAXA fund to develop space industry

Japan to set up $6.7bn JAXA fund to develop space industry

TOKYO — Japan’s cabinet on Monday approved a bill to set up a 1 trillion yen ($6.7 billion) fund for JAXA, the country’s space agency, as a way to catapult the country’s private sector into the global race for new rocket and satellite technologies. The bill aims to create a trillion-yen endowment over the next … Read more