Japan's space agency said yesterday it had successfully launched a solid fuel rocket named Epsilon-2, the latest in Tokyo's effort to stay competitive in an industry that has robust growth potential and strong security implications.
The 26-metre-long rocket, launched at about 8pm from the Uchinoura Space Centre in southern Japan, released a satellite for studying radiation belts around the earth soon after the lift-off, Japan Aerospace Exploration Agency (JAXA) said yesterday.
"The Epsilon-2 three-stage rocket is part of a new generation of solid propellant rockets and makes it possible for launch costs to be reduced up to one third," the agency added.