• Japan To Create $6.6 Billion Fund To Develop Outer Space Industry

    Japan plans to establish a new 1 trillion yen ($6.6 billion) fund to develop the country's outer space industry. "We believe it is a necessary fund to speed up our country's space development so we don't lag behind the increasingly intensifying international competition," Sanae Takaichi, minister in charge of space development, said in a news conference last week. The Japan Times reports: The fund will be allocated over a 10-year period for the Japan Aerospace Exploration Agency (JAXA), an Educa

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