Mitsubishi Heavy Wins 1st Private Order for H-3 Rocket

Economy

Tokyo, Dec. 7 (Jiji Press)--Mitsubishi Heavy Industries Ltd. <7011> has won an order from major British satellite communications service operator Inmarsat for a new H-3 launch vehicle, the first such order from the private sector, according to the Japanese company.

The value of the order was not disclosed.

A commercial satellite of Inmarsat will be launched on the rocket from the Tanegashima Space Center in Kagoshima Prefecture, southwestern Japan, in 2022 at the earliest.

The H-3 rocket is being developed by Mitsubishi Heavy and the Japan Aerospace Exploration Agency, or JAXA. The launch of the first H-3 rocket is scheduled for fiscal 2020.

Mitsubishi Heavy aims to limit the launch cost of an H-3 rocket to some 5 billion yen, about half of that of the current H-2A rocket.

[Copyright The Jiji Press, Ltd.]

Jiji Press