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.
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.