Japan’s Mitsubishi Heavy Industries Ltd. has signed an agreement to send a South Korean satellite into orbit, the company said in a statement.
Since 1970, Japan has sent dozens of satellites into orbit, mostly on rockets built by other nations. But it has fallen behind China in the lucrative commercial satellite launching business.
Mitsubishi Heavy, which produces the H2A rocket, said it received an order from the Korea Aerospace Research Institute to launch its multipurpose Arirang 3 satellite during the fiscal year beginning April 2011. Still the price is not disclosed.
The H2A rocket was initially designed and built as a government project in which Mitsubishi Heavy took part. The rocket project has since been privatized as a business of Mitsubishi Heavy, now considered a vital part of Japan’s space program.
Since 1970, Japan has sent dozens of satellites into orbit, mostly on rockets built by other nations. But it has fallen behind China in the lucrative commercial satellite launching business.
Mitsubishi Heavy, which produces the H2A rocket, said it received an order from the Korea Aerospace Research Institute to launch its multipurpose Arirang 3 satellite during the fiscal year beginning April 2011. Still the price is not disclosed.
The H2A rocket was initially designed and built as a government project in which Mitsubishi Heavy took part. The rocket project has since been privatized as a business of Mitsubishi Heavy, now considered a vital part of Japan’s space program.
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