Close Menu
Stratnews GlobalStratnews Global
    Facebook X (Twitter) Instagram
    Trending
    • Italian Probe Finds False Alarms Behind Suspected Russian Drone Flights
    • Theranos Reporter Leads Copyright Suit Against xAI, OpenAI, and Others
    • Larry Ellison Personally Guarantees Paramount’s $40.4 Billion Warner Bros Bid
    • Nvidia Eyes Mid-February Launch for H200 Chip Shipments to China
    • China’s Long March 12A Booster Recovery Fails in Reusable Rocket Test
    • U.S. Adds DJI and Autel to National Security Risk List, Tightens Drone Restrictions
    • Kuaishou Shares Drop 6% After Cyberattack Hits Livestreaming Services
    • AI-Generated Documents Used in Cyberattack on Russian Defence Firms
    Stratnews GlobalStratnews Global
    Write for Us
    Tuesday, December 23
    • Space
    • Science
    • AI and Robotics
    • Industry News
    Stratnews GlobalStratnews Global
    Home » Japan’s Plans For Spaceport Delayed After Virgin Orbit Files For Bankruptcy

    Japan’s Plans For Spaceport Delayed After Virgin Orbit Files For Bankruptcy

    StratNewsGlobal Tech TeamBy StratNewsGlobal Tech TeamApril 10, 2023 Economy & Culture No Comments2 Mins Read

    The development of a spaceport in Kyushu, Japan, has been delayed due to a lack of funding following the bankruptcy filing of Virgin Orbit Holdings Inc. The Oita Prefecture teamed up with Virgin Orbit in 2020 to create Japan’s first Asian spaceport at Oita Airport using a Boeing 747 for horizontal rocket launches. However, the bankruptcy has forced the project to be postponed, leaving Japan’s attempt to enter the commercial satellite launches market in further difficulty after recent rocket launch failures.

    Virgin Orbit, founded by British billionaire Richard Branson, had marketed itself as a launch platform for military and intelligence satellites for the US and its allies, including Japan, at a time when China’s rise as a space power was a growing concern for both Washington and Tokyo. The Oita Prefecture hoped that the spaceport, similar to Virgin Orbit’s facility in Cornwall, England, would produce economic benefits worth around 10.2 billion yen ($77.4 million) in the region over the five years from the initial launch.

    Despite the setback, locals remain hopeful that a spaceport will eventually emerge. “It is possible that some other company will buy Virgin Orbit. Also, other companies and competitors besides Virgin Orbit are considering horizontal launches, so Oita still has many options to re-enter into a contract with them,” said Kunio Ikari, an economics lecturer at Oita University. Oita Prefecture noted that its efforts to attract a spaceport remain unchanged while declining to comment on Virgin Orbit or the project’s current status.

    Japan’s medium-lift H3 rocket failed in March following an aborted launch the month before, in a blow to its efforts to cut the cost of accessing space and compete against Elon Musk’s SpaceX. The Japanese space agency’s solid-fuel Epsilon rocket, which was set to carry iQPS’ small satellites, also failed after launch in October. These recent failures have caused experts to urge Japan to shift the focus of its space industry. “Japan is concentrating too much on launches,” said Jun Nagashima, an adviser at the Nakasone Peace Institute. “With SpaceX coming out with affordable rockets that can be used repeatedly, it would be better for Japan to compete in different activities and areas in space.”

    Author

    • StratNewsGlobal Tech Team
      StratNewsGlobal Tech Team

      View all posts
    Featured
    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email Reddit Telegram WhatsApp
    StratNewsGlobal Tech Team
    • Website

    Keep Reading

    Italian Probe Finds False Alarms Behind Suspected Russian Drone Flights

    Theranos Reporter Leads Copyright Suit Against xAI, OpenAI, and Others

    Larry Ellison Personally Guarantees Paramount’s $40.4 Billion Warner Bros Bid

    Nvidia Eyes Mid-February Launch for H200 Chip Shipments to China

    China’s Long March 12A Booster Recovery Fails in Reusable Rocket Test

    U.S. Adds DJI and Autel to National Security Risk List, Tightens Drone Restrictions

    Add A Comment
    Leave A Reply Cancel Reply

    Anti Drone System (CUAS)
    Latest Posts

    Italian Probe Finds False Alarms Behind Suspected Russian Drone Flights

    December 23, 2025

    Theranos Reporter Leads Copyright Suit Against xAI, OpenAI, and Others

    December 23, 2025

    Larry Ellison Personally Guarantees Paramount’s $40.4 Billion Warner Bros Bid

    December 23, 2025

    Nvidia Eyes Mid-February Launch for H200 Chip Shipments to China

    December 23, 2025

    China’s Long March 12A Booster Recovery Fails in Reusable Rocket Test

    December 23, 2025

    U.S. Adds DJI and Autel to National Security Risk List, Tightens Drone Restrictions

    December 23, 2025

    Kuaishou Shares Drop 6% After Cyberattack Hits Livestreaming Services

    December 23, 2025

    AI-Generated Documents Used in Cyberattack on Russian Defence Firms

    December 22, 2025

    Nexperia’s China Arm Secures Local Wafer Supply Amid Rift with Dutch Parent

    December 22, 2025

    Delaware Court Reinstates Elon Musk’s $56 Billion Tesla Pay Deal

    December 22, 2025

    Subscribe to News

    Get the latest sports news from NewsSite about world, sports and politics.

    • Astronomical Events
    • Space Missions
    • Industry News
    • Science
    StratNewsGlobal Tech
    Facebook X (Twitter) Instagram LinkedIn YouTube
    © 2025 StratNews Global, A unit of BharatShakti Communications LLP
    • About Us
    • Contributors
    • Copyright
    • Contact
    • Write for Us

    Type above and press Enter to search. Press Esc to cancel.