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February 4, 1994 | From Times Staff and Wire Reports
Made-in-Japan Rocket Blasts Off: The first major rocket developed completely in Japan roared into space from a launch pad in Tanegashima. The country hopes the advanced H-II will lift Japan into the commercial satellite business. However, analysts say the cost of the H-II's leading-edge technology--coupled with the strong yen--will make it too expensive to compete in the tough satellite-launching market. The H-II was developed at a cost of $2.4 billion.
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BUSINESS
February 4, 1994 | From Times Staff and Wire Reports
Made-in-Japan Rocket Blasts Off: The first major rocket developed completely in Japan roared into space from a launch pad in Tanegashima. The country hopes the advanced H-II will lift Japan into the commercial satellite business. However, analysts say the cost of the H-II's leading-edge technology--coupled with the strong yen--will make it too expensive to compete in the tough satellite-launching market. The H-II was developed at a cost of $2.4 billion.
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BUSINESS
July 13, 1992 | LESLIE HELM, TIMES STAFF WRITER
Mineichi Minezaki was supposed to be part of the noble effort to launch Japanese industry into the ultimate frontier of high technology--outer space. Instead he has landed himself an astronomical headache. As a manager at Rocket Systems Corp., a company established in 1990 by 74 of Japan's leading companies--including Nissan Motors, Mitsubishi Heavy Industries and NEC Corp.--his job is to help find and serve customers for rocket launch services. The problem is that Rocket Systems Corp.
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