Link here. The article does a nice job outlining the efforts of the new startups in Japan that have been successful in flying missions, such as the orbital tug company Astroscale and the lunar lander company Ispace, as well as newer companies such as Shachu, which proposes building and selling modules for use on any one of the new commercial space stations under construction.
The article also talks at length about Japan’s newly created ten year $6.5 billion strategic fund, designed to be provide funding for many different commercial projects and inspired by NASA recent switch from being the designer, builder, and owner of everything to simply a customer buying products from the private sector.
The fund has been given to Japan’s space agency to administer, and it remains unclear whether that government agency is prepared to give up power to the private sector as NASA has. This quote illustrates this uncertainty:
Since the effort is just starting, both companies and JAXA are uncertain how well the fund will work. Yasuo Ishii, senior vice president of JAXA, said the agency has assigned 450 people to administer the fund, including researchers and other experts. “We used to be an R&D institution and now we’re a funder,” he said.
He said JAXA will closely monitor progress on the initial awards made through the fund. “If some don’t go well, we may terminate them.”
It seems JAXA is so far using this fund to establish a large bureaucracy for itself, rather than issuing contracts to the private sector to build things JAXA needs.
We shall see how this plays out. The Japanese aerospace industry appears to be similar to the American space industry around 2008, with lots of old established big companies working hand-in-glove with the government space agency and a lot of small startups trying to establish themselves as competitors. In the U.S. at that time NASA was very resistant to give contracts to the startups. It took strong political pressure from within the upper levels of government, first in the Obama administration and then in the Trump administration, to force a change at NASA. Whether this will happen in Japan remains unknown.