#HELSINKI — Japan has established a multibillion-dollar Space Strategic Fund to help develop the country’s innovation, autonomy and international competitiveness in space.
Japan’s cabinet approved a bill to establish a $6.7 billion (1 trillion yen), 10-year fund for the Japan Aerospace Exploration Agency (JAXA) in November, aimed at supporting development, technology demonstration, and commercialization of advanced technologies in the space field. New details were presented in a Space Policy Committee meeting in February, including defining three areas for support: satellites, space exploration and space transportation

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