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Tokyo-based startup Innovative Space Carrier Inc. has announced its ambitious plan to develop a reusable satellite launch rocket in collaboration with a renowned U.S rocket engine manufacturer. This groundbreaking partnership aims to make commercial use of the rocket by approximately 2030, revolutionizing the space industry.

ASCA-1, the upcoming rocket, will be propelled by an innovative engine developed by U.S. partner Ursa Major Technologies Inc. Innovative Space Carrier proudly refers to this initiative as Japan’s first-ever project dedicated to the development of a reusable launch vehicle. By creating rockets that can be used multiple times, the startup seeks to significantly reduce costs associated with space missions.

While satellite launch services currently form the primary objective for Innovative Space Carrier, the company envisions a grander future. By the 2040s, they plan to operate a spacecraft capable of transporting approximately 50 individuals to an altitude of 400 kilometers. This endeavor aligns with the broader trend of private companies venturing into space tourism and deep space exploration.

“We are thrilled to begin our business operations promptly with this remarkable partnership,” expressed Kojiro Hatada, the CEO of Innovative Space Carrier, during a press conference held in Tokyo in April. Driven by a spirit of innovation, the Japanese startup’s venture contributes to the global race towards enhancing the efficiency and sustainability of space launches. This trend has been spearheaded by industry forerunners like SpaceX, founded by the visionary tech billionaire Elon Musk.

In conclusion, Innovative Space Carrier Inc.’s collaboration with Ursa Major Technologies signifies a significant leap forward in Japan’s pursuit of reusable launch vehicles. The project not only promises to revolutionize the space industry but also demonstrates the country’s commitment to technological advancements and space exploration. The future of affordable and sustainable space travel is indeed on the horizon, with Innovative Space Carrier leading the way.