Though the launch cost was 5.3 billion yen this time, Japan Aerospace Exploration Agency opened up the road to reduce it to 3 billion yen toward 2017. NEC established a technology to reduce the production cost of a small satellite one third to 4-5 billion yen by standardizing key parts. That is, it will cost 7-8 billion yen to launch a small satellite including the production cost of the satellite. In addition, the period from the development to the operation of a satellite will be shortened one third to about two years. The low launch cost and short period up to the operation will allow the Japanese satellite launch business to be highly competitive in the global market. The world market of the rocket launch business was 2,100 billion yen in 2012.
The successful launch of Epsilon on Sept. 14