logo
Firefly Aerospace eyes Japan rocket launches for Asia market

Firefly Aerospace eyes Japan rocket launches for Asia market

Reuters11 hours ago
TOKYO, Aug 18 (Reuters) - Firefly Aerospace (FLY.O), opens new tab is exploring an option to launch its Alpha rocket from Japan as the U.S. rocket maker expands its satellite launch services globally, a Japanese company operating a spaceport in the country's northern Hokkaido said on Monday.
The plan could make Japan the second offshore launch site - and first in Asia - for Firefly, the Texas-based rival to Elon Musk's market leader SpaceX, which had its Nasdaq debut earlier this month and is preparing for an Alpha launch in Sweden.
Space Cotan, operator of the Hokkaido Spaceport located about 820 km (510 mi) northeast of Tokyo, said it and Firefly signed a preliminary agreement to study the feasibility of launching the small-lift rocket Alpha from there.
Launching Alpha from Japan "would allow us to serve the larger satellite industry in Asia and add resiliency for U.S. allies with a proven orbital launch vehicle," Adam Oakes, Firefly's vice president of launch, said in a statement published on Space Cotan's website.
A feasibility study would be conducted to assess the regulatory hurdles, timeframe and investments for a launch pad for Alpha in Hokkaido, said Space Cotan spokesperson Ryota Ito.
The plan would require a space technology safeguards agreement (TSA) between Washington and Tokyo that would allow American rocket launches in Japan, Ito added. The governments last year kicked off the negotiations but have not reached an agreement.
A U.S.-Sweden TSA signed in June cleared the path for Firefly's launches from the Arctic.
Four of Firefly's six Alpha flights since 2021 have ended in failure, most recently in April.
While Japan's national space agency has launched rockets for decades, private rockets are nascent and most Japanese satellite operators rely on foreign options such as SpaceX's Falcon 9 or Rocket Lab's (RKLB.O), opens new tab Electron.
Previously, U.S. company Virgin Orbit aimed to use Japan's southwest Oita Airport for launches but the plan was scrapped after the firm went bankrupt in 2023. Colorado-based Sierra Space has an ongoing plan to land its spaceplane on Oita beyond 2027.
Taiwanese firm TiSpace last month conducted what could be the first foreign launch in Hokkaido, but the suborbital flight failed within a minute.
Japan's government is targeting 30 launches of Japanese rockets a year by the early 2030s and subsidises domestic enterprises such as Space One and Toyota-backed Interstellar Technologies.
Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Diner's fury as trendy Ibiza bar charges her £10 just to hang her BAG up – and she has the receipt to prove it
Diner's fury as trendy Ibiza bar charges her £10 just to hang her BAG up – and she has the receipt to prove it

Scottish Sun

time26 minutes ago

  • Scottish Sun

Diner's fury as trendy Ibiza bar charges her £10 just to hang her BAG up – and she has the receipt to prove it

The restaurant hit back saying it was a 'misunderstanding' ON THE HOOK Diner's fury as trendy Ibiza bar charges her £10 just to hang her BAG up – and she has the receipt to prove it Click to share on X/Twitter (Opens in new window) Click to share on Facebook (Opens in new window) OUTRAGED diners have slammed an Ibiza bar after it charged a diner £10 to hang her handbag on a table hook. The fuming customer even shared the receipt to prove the bizarre fee which was slapped on her check at a sushi restaurant on the Spanish island. Sign up for Scottish Sun newsletter Sign up 3 The restaurant is located in holiday hotspot Ibiza (stock) 3 A restaurant charged a customer £10 for a 'bag hook' Credit: Getty Tourist Laura Cunei took to social media to share the mind-boggling check which she received after eating at Wakame Ibiza. The receipt said she had been charged €12 (£10) for "gancho bolsa" which means "bag hook" as part of her meal on August 5. She wrote: "The waitress kindly offers to hang our bags on a little hook at the table. "We decline her offer, but due to her insistence, we accepted. "Our surprise upon seeing the this normal? Is it legal?" The stunned diner added: "When we saw the receipt, we told them it didn't seem right to pay that much because we hadn't asked for it. "They told us we could keep the hook if we wanted. "After our refusal and our incredulous expressions, they gave us a new receipt without the 'bag hook' tag." Seething social media users piled on outraged comments on the social media post. Hospitality expert Jesus Soriano, who uploads real-life examples of restaurant rip-offs, shared her post on TikTok. Monkey gang caught 'running scam' targeting tourists at sacred temple One outraged user said: "They'll be charging us to breathe next." Another user even made the jaw-dropping claim that they had been charged extra for having a "good" table. Meanwhile another weighed in saying on one occasion they had been charged nearly £2 per person for not having starters. Spain's consumer protection agency OCU replied to the post on X giving a link to file a complaint. The restaurant's furious bosses later claimed the charge had been a "misunderstanding". Wakame Ibiza said on Instagram: "The amount that appeared on the ticket was the result of an error in our system. "It was marked as a merchandising item with a price, when it should have been shown with zero cost." It comes as diners around the world have been slapped with other unexpected surcharges as part of their restaurant receipts. In the US, outraged diners slammed restaurants for adding extra surcharges onto receipts. The hidden fees were branded "silly and disingenuous" by online users, who poured out on social media to vent their fury at the changes. Tourists have also reported other alleged scams in popular holiday hotspots. Fuming Brit holidaymakers reeled in by prices as low as £7 accused Croatian-based Carwiz of bullying sales tactics, fabricating damage, verbal abuse and even assault. Online reviews of the firm's franchises seen by The Sun allege staff have forged documents, up-sold unnecessary insurance, and taken unauthorised payments from credit cards.

Meta fends off trademark lawsuit from tech staffing company Metabyte
Meta fends off trademark lawsuit from tech staffing company Metabyte

Reuters

timean hour ago

  • Reuters

Meta fends off trademark lawsuit from tech staffing company Metabyte

Aug 18 (Reuters) - Meta Platforms (META.O), opens new tab has convinced a federal judge in California to dismiss a lawsuit claiming its name infringes a trademark belonging to staffing and tech-services company Metabyte. U.S. District Judge Vince Chhabria said on Friday, opens new tab that Metabyte could not show Meta's name would mislead consumers into thinking the two companies were affiliated, and that the case was "not a close call." Metabyte CEO Manu Mehta said that the ruling "risks setting a troubling precedent that disadvantages smaller brand owners" and the company is reviewing its appeal options. An attorney and spokespeople for Meta did not immediately respond to a request for comment on Monday. Metabyte is one of several companies that sued Meta Platforms for trademark infringement following its 2021 rebrand from Facebook. Fremont, California-based Metabyte said in its 2023 lawsuit that Meta Platforms' name would confuse consumers, arguing that the two companies offer related services and cover overlapping geographic areas. Metabyte also asked the court to cancel the tech giant's "Meta" trademark because the term was generic. Chhabria ruled for Meta on Friday and said Metabyte had "presented virtually no evidence of confusion on the part of prospective employees, and no evidence at all that any such confusion had any effect on Metabyte's business." He also affirmed the validity of Meta's trademark. The case is Metabyte Inc v. Meta Platforms Inc, U.S. District Court for the Northern District of California, No. 3:23-cv-04862. For Metabyte: Karthik Murthy of Murthy Patent Law For Meta: Bobby Ghajar and Judd Lauter of Cooley Read more: Meta Platforms hit with US trademark lawsuit from tech company Metabyte

Labour MSP defies Scottish Secretary in call for wealth tax
Labour MSP defies Scottish Secretary in call for wealth tax

The Herald Scotland

timean hour ago

  • The Herald Scotland

Labour MSP defies Scottish Secretary in call for wealth tax

A wealth tax is a form of taxation which is designed to collect money from an individual's total assets as opposed to specific levies on income or property. Proposed wealth taxes have included a levy on cumulative wealth - including everything from property, to investments, to art. The idea of the policy is that it could make the tax system fairer by directly targeting accumulated assets. The policy has recently emerged as a key dividing line in the parliamentary Labour Party in both Westminster and Holyrood. READ MORE: Last week, Scottish Secretary Ian Murray dismissed the idea of the UK Government implementing a wealth tax, saying that there was 'no silver bullet' to the country's economic woes. Speaking to the Comedian Matt Forde at the Edinburgh Fringe, Mr Murray said '[A wealth tax] doesn't work. The Laffer curve [an economic theory which explains the correlation between taxation and government revenue] is there for everyone to see. 'So, yes, you can bring in a wealth tax, because it might make you feel principally better. You might bring in £200 million but the cost of doing that would be huge because there is just flight, whether we like that or not.' Scottish Secretary Ian Murray last week publicly denounced the idea of a wealth tax (Image: PA)Contradicting Mr Murray, Ms Villalba said of the Laffer curve: 'this theory, though influential, is unfounded.' She went on to say that she believes that 'all financial wealth originates from human labour'. 'It would therefore take a mass exodus or nationwide risk to life for wealth creation in a country to cease.' 'We need only look at the hit private profit would have taken during the pandemic had the state not stepped in to shore it up to see the primacy of human labour evidenced. 'A significant proportion of wealth is in immobile assets like land, property and British-based businesses…This wealth cannot up sticks and leave with an individual. The resources remain in the country and are subject to taxation. 'We know we won't lose wealth creation as long as we have a fit and able population to do the work. 'In fact, the greatest risk to wealth is workforce shortages caused by a public health service on its knees, an undervalued public education system and a cost-of-living crisis deterring new parents. In short, the greatest risk to wealth is continuing to let it go untaxed.' The Scottish Greens have also recently made fresh calls for a wealth tax in response to 'soaring' CEO pay. Discussing new figures which showed that some British Executives' pay had reached over 100 times that of the average worker, MSP Maggie Chapman said: 'A wealth tax is now a necessity, to make sure that those who have enriched themselves the most pay their fair share.' Rachel Reeves refused to be drawn on a wealth tax when quizzed by journalists earlier this month. She said the UK Government had to 'get the balance right on taxation' but stressed the 'number one priority' was growing the economy.

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into a world of global content with local flavor? Download Daily8 app today from your preferred app store and start exploring.
app-storeplay-store