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Mitsubishi wants to cut launch price of H3 rocket to $35 million

Mitsubishi Heavy Industries, which developed the new H3 rocket for Japan’s space agency JAXA, wants to attract commercial launch business, and to do so hopes to cut the rocket’s launch price to about $35 million.

According to the article at the link, the price for the H2A rocket that the H3 has replaced was 10 billion Japanese yen, about $70 million.

The H2A launched more than 70 satellites and other objects into space, serving as the backbone of Japan’s space transportation. However, there was an average of only two launches a year, and most depended on “public demand” for government satellites. There were only orders for commercial launches for five satellites belonging to foreign countries, such as South Korea and the United Kingdom.

…For Mitsubishi Heavy Industries, Ltd., which took over the manufacture and operation of the H2A from JAXA in 2007, winning commercial orders has been a longstanding issue. The H3 was jointly developed by MHI and JAXA with the aim of halving the launch fee.

That price listed for the H2A rocket is likely wrong, much lower than the real price, as it matches what SpaceX has been offering publicly for the Falcon 9 for more than a decade. If the H2A had been that cheap, it would have garnered some business. It did not.

Lowering the cost for the H3 rocket to $35 million would definitely be competitive in the present launch market. Whether Mitsubishi can accomplish this however remains unclear. So far there is no indication that this new rocket has attracted any more business than the H2A, but as the rocket has only just started launching it is still too early to judge.

Genesis cover

On Christmas Eve 1968 three Americans became the first humans to visit another world. What they did to celebrate was unexpected and profound, and will be remembered throughout all human history. Genesis: the Story of Apollo 8, Robert Zimmerman's classic history of humanity's first journey to another world, tells that story, and it is now available as both an ebook and an audiobook, both with a foreword by Valerie Anders and a new introduction by Robert Zimmerman.

 

The print edition can be purchased at Amazon or from any other book seller. If you want an autographed copy the price is $60 for the hardback and $45 for the paperback, plus $8 shipping for each. Go here for purchasing details. The ebook is available everywhere for $5.99 (before discount) at amazon, or direct from my ebook publisher, ebookit. If you buy it from ebookit you don't support the big tech companies and the author gets a bigger cut much sooner.


The audiobook is also available at all these vendors, and is also free with a 30-day trial membership to Audible.
 

"Not simply about one mission, [Genesis] is also the history of America's quest for the moon... Zimmerman has done a masterful job of tying disparate events together into a solid account of one of America's greatest human triumphs."--San Antonio Express-News

2 comments

  • Dick Eagleson

    $35 million certainly qualifies as an aspirational goal. However, absent aspiration, there is no accomplishment. The aspiration may not be achieved anyway, but the effort will probably prove valuable even so. One can only wish to see some American OldSpace company similarly aspirational. I suspect that will never occur.

  • Jeff Wright

    This is about prestige.

    If they have to take a hit making sure at least someone rides Japans own rocket– they will do it.

    I guess if it doesn’t transform into a robot, they become less interested.

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