Interstellar Technologies, Selected by JAXA as Priority Launch Provider, Signs Basic Agreement

March 2024

Interstellar Technologies Inc., a comprehensive space infrastructure company committed to tackling global challenges through space transportation and utilization, is pleased to announce the recent establishment of a basic agreement, signed on March, 2024, with the Japan Aerospace Exploration Agency (JAXA), regarding the procurement of launch transport services. This agreement is designed to select private-sector entities capable of launching satellites developed under JAXA's small satellite missions, thus advancing the commercialization of space transportation services by startups and other entities through launch contract procurement. Notably, the Japanese government has proposed a policy initiative (*1) to secure approximately 30 domestic launch opportunities annually, utilizing both government and private rockets, by the early 2030s. In light of this initiative, Interstellar will continue to further autonomous domestic space access through the ongoing development of the rocket ZERO, which integrates reliability and cost competitiveness.

Securing Support for Research & Launch Contracts to Enable Affordable Private Space Transport Services

This agreement is established in accordance with JAXA-SMASH (JAXA-Small Satellite Rush Program), a program aimed at expanding transportation and small satellite missions. Privately selected transport services under this program will launch small satellite missions publicly solicited by JAXA(*2). Interstellar has been designated as "Launch Operator A," receiving priority for future procurement contracts. In line with the new Space Basic Plan approved by the Cabinet in June 2023, the Japanese government targets launching all domestic satellites, regardless of government or private, using Japan’s flagship rockets or private rockets starting from fiscal year 2028. This initiative also aims to capture overseas demand. In September 2023, Interstellar was selected for the "Small Business Innovation Research (SBIR Phase 3)" by the Ministry of Education, Culture, Sports, Science and Technology, encouraging research and development by startups and others (*3), with governmental support to be provided for both research and development and launch contract procurement to achieve early realization of affordable, frequent private space transport services domestically.

Takahiro Inagawa, CEO of Interstellar Technologies Inc., commented: Space technology's complexity and the limited opportunities for challenges have hindered the expansion of space utilization and industrial growth. JAXA-SMASH presents an innovative opportunity for demonstrating cutting-edge technology with satellites to break through these limitations. We are honored to be part of it, bringing our space transport services to the table. Looking ahead, we anticipate a substantial increase in space transport opportunities domestically. However, we're all hands on deck, pushing ahead with technology demonstration and business development, ready to seize the day in this new era.

Competitive Pricing and Dedicated Launch Capability

ZERO is a small satellite launch vehicle designed to target the growing market for small-sized satellites in recent years. Building on the knowledge gained from the successful launch of the private suborbital launch vehicle MOMO, the first of its kind in Japan's private sector, Interstellar is progressing toward the first launch of ZERO.

ZERO's space transportation service distinguishes itself with competitive pricing—at less than 800 million JPY per launch (in mass production)—made possible through an integrated development and manufacturing process.

Another key strength is its flexibility to provide customized launches tailored to the rising needs of satellite companies. For satellite companies in Japan, Asia, and Oceania, proximity to the launch site ensures convenience, reducing launch-related time and costs and enhancing overall value.

ZERO's Capacity Boost: To establish Asia-Oceania Market Presence

With an eye on recent trends and the demand both locally and globally, ZERO is enhancing its capacity to launch satellites of up to 800 kilograms into Low Earth Orbit (LEO). This strategic contributes to the establishment of an independent domestic space transportation service.

Simultaneously, it positions Interstellar to establish a firm presence in the Asia-Oceania and European markets.

ZERO: Specifications

Height: 32m

Diameter: 2.3m

Wet mas: Weight: 71 ton

Propellant: Liquid Methane (Biomethane) Oxidizer: Liquid Oxygen

Number of Engines: 1st Stage: 9, 2nd Stage: 1

Payload Capacity: LEO 800kg / SSO 250kg (Future Maximum Capacity)

Interstellar Technologies Inc.

Interstellar, a dynamic Japanese start-up, envisions a future where space becomes accessible to all through low-cost and convenient space transportation services. With the headquarters placed in Taiki, Hokkaido, Interstellar's product development spans four locations: the Tokyo branch, Fukushima branch, and a laboratory at the Muroran Institute of Technology.

Interstellar has achieved three successful spaceflights with suborbital launch vehicle MOMO, becoming Japan's first private company to reach space. Currently developing small satellite launch vehicle ZERO, Interstellar also leads Our Stars, a satellite development project, pioneering Japan's vertically integrated rocket-satellite service.

Location: 149-7 Memu, Taiki, Hiroo-gun, Hokkaido, Japan

Representative: Takahiro Inagawa, CEO

Business: Space Transportation Services

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