Japan’s Ispace Prepares For World’s First Commercial Lunar Landing

  • Japanese startup ispace inc (9348.T) is preparing to land its Hakuto-R Mission 1 (M1) spacecraft on the moon early on Wednesday, in what would be the world’s first lunar landing by a private company if it succeeds.
  • The M1 lander is set to touch down around 1:40 a.m. Japan time (1640 GMT Tuesday) after taking off from Cape Canaveral, Florida, on a SpaceX rocket in December.
  • Success would mark a welcome reversal from the recent setbacks Japan has faced in space technology, where it has big ambitions of building a domestic industry, including a goal of sending Japanese astronauts to the moon by the late 2020s.
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