• Japan's government is providing nearly $1B to boost homegrown space startups

    5 monthes ago - By Tech Crunch

    Japan wants to formally encourage domestic startups to pursue the growing opportunities in commercial space. The Japanese government has earmarked around $1 billion in public funds to startups working on space solutions. At the same time, the government revealed that it's working on a legal path towards establishing commercial development on the moon.
    This is a big injection in the private space race, and the funds will be allocated both as investments and as loans, spanning five years and beginning during this fiscal year. The goal is to boost the Japanese space business, hoping to help...
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