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Japan aims to enhance its competitive edge in the space sector by developing commercial cargo operations and refining government financial aid. The country ranks third in public space investment but relies on U.S. companies for transportation.

Key players include JAXA, Interstellar Technologies, Space One, and Honda, which recently tested a reusable rocket. Japan plans to invest 1 trillion yen ($6.5 billion) in the space industry by 2035, yet its funding lags behind the U.S. and China. The government seeks to double the market value to 8 trillion yen by the early 2030s.