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Interstellar Technologies selected for Space Strategic Fund’s Acceleration of Commercial Rocket Launch Demonstration Program

 

Interstellar Technologies has been selected for the "Acceleration of Commercial Rocket Launch Demonstration (STAND)" program under the Space Strategic Fund, administered by the Japan Aerospace Exploration Agency (JAXA). The STAND program supports development and flight demonstrations of private launch companies with a grant of up to 12 Billion JPY (76.2 million USD) per company.

Because securing satellite launch contracts typically requires a proven flight record, commercial launch providers face steep hurdles in generating early demand. To address this market entry barrier, the STAND program supports development and flight demonstrations across multiple early-stage launches in Japan, enabling commercial operators to build the flight heritage essential for long-term competitiveness.