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JAXA Invests in SPACE WALKER as Reusable Rocket Developer Aims to Revolutionize Industry

On April 20, winged reusable rocket developer SPACE WALKER announced that it has secured funding from the Japan Aerospace Exploration Agency (JAXA). The investment amount remains undisclosed, marking JAXA's second investment in a private firm.

SPACE WALKER is developing a composite tank as part of its winged reusable rocket project, which aims to reduce airframe weight and apply the technology to commercial applications on Earth, such as liquefied gas tank trucks and hydrogen stations. The company is utilizing JAXA's research and development results in this endeavor.

Following the April 2021 revision of the Act on the Activation of. . .

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