Business
JAXA-Canon makes low-cost, mini space rocket

Tokyo, Dec 2: The Japan Aerospace Exploration Agency (JAXA) is building a low-cost space rocket with the help of Japanese tech manufacturer Canon, reports said on Friday.
The project would use Canon's experience in designing smaller and lighter control instruments with a view to create the world's smallest satellite launch vehicle, Efe news reported.
The three-stage rocket, 52 cm in diameter and just under 10 metres (32.8 ft) long, will be an improvement upon the two-stage SS-520 JAXA model.
The launch would cost less than a tenth of what a conventional launch costs.
The JAXA, which first announced the project on November 20, intends to use the device to place microsatellites into orbit with a first test launch in early 2017 from the Uchinoura Space Center in Japan.
With this, Canon joins the growing bandwagon of private Japanese players entering a government-dominated sector, where around 90 per cent of Japanese space industry sales - pegged at around $2.63 billion - correspond to the public sector.
Weather and defence satellites presently in use tend to be large and commissioned by the administration.
However, the last few years saw a rise in development of smaller devices by private firms for traffic management or geographical surveys.
The demand for rockets to such devices is expected to rise as the aerospace sector booms.
Companies such as HIS travel agency and All Nippon Airways parent company ANA Holdings, have already entered the arena.
Both have announced they will invest in PD Aerospace, a Nagoya-based startup which works on manned spacecrafts and hopes to conduct its first commercial space flight in 2023.

10 hours ago
H-1B Visa Fee only for new petitions, not renewals: White House

16 hours ago
Australian study unlocks secrets of ancient life through fossil faeces

16 hours ago
Nepal: Interim PM Karki has to rebuild public trust in governance

16 hours ago
Afghan senior official slams Trump's remarks on Bagram airbase

16 hours ago
Tech giants urge H-1B holders to stay in US after Trump's visa overhaul, ask those abroad to return to US

16 hours ago
CoHNA celebrates end of DOJ investigation on BAPS temple

16 hours ago
Not only US, several countries are restricting entry

16 hours ago
US decision on H-1B visa fee hike likely to have humanitarian consequences: Govt

16 hours ago
US experts warn Trump administration against undermining relationship with India: Report

19 hours ago
Our foreign policy, diplomacy have completely failed: Imran Masood slams govt after Prez Trump’s H-1B visa fee hike

19 hours ago
Congress criticises US President Trump, Centre's policies over H-1B visa fee hike

19 hours ago
Miami City Commission will open with hymns from Rig-Veda, Upanishads, Bhagavad-Gita

20 hours ago
The great American dream may now be too expensive to achieve