SpaceThe Next Webabout 2 hours ago
Japan grants $926M to Rakuten satellite project
1 min read
Japan will provide up to $926 million in subsidies to a Rakuten-led consortium for a homegrown low-Earth-orbit satellite network. The project, framed as economic security, partners with AST SpaceMobile to connect standard smartphones directly. A joint venture with equal stakes is planned for 2026.
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