Beginning in 1955 with Dr. Hideo Itokawa's 23-centimeter "Pencil Rocket," Japan has for many years cultivated world-class space system technologies. These technologies can be applied not only to new businesses such as national security, the construction of new infrastructure in space, and resource development, but also to fields like global environmental preservation. By incorporating a perspective that views Earth from space, more effective solutions can be found for global challenges like climate change and resource depletion. Space can be regarded as a source for solving societal issues and creating new value.

In recent years, space business has been redefined as a growth industry in countries worldwide, with a rapid acceleration of the shift from traditional state-led initiatives to private-sector leadership, and various measures are being introduced to leverage private capabilities. For example, like the U.S. company SpaceX, with strong backing from the government and NASA, commercialization has advanced through unique technologies and innovative ideas, leading to space business being called "the blue ocean of the 21st century". Meanwhile, Japan's Basic Plan on Space Policy also outlines a future vision for a new space industry, centered on public-private collaboration and strengthening private sector support. To this end, a space technology strategy has been formulated, and a Space Strategic Fund has been established for its realization, thus preparing the necessary conditions for the future.

Moving forward, the creation of new markets is essential for the self-reliance of Japan's domestic space industry. To achieve this, it is crucial to establish a public-private collaboration mechanism that connects development outcomes obtained through fund utilization—such as anchor tenancy and long-term procurement of equipment and services by the U.S. government—to industrialization. Private investment will only accelerate once industrialization becomes feasible. Furthermore, comprehensive policies are also necessary, including support for nurturing venture companies, regulatory review, and the establishment of a speedy authorization and approval system. We expect the government to exert stronger leadership in this regard. Space holds an unknown future and the potential for creating new industries. We aim to build a vibrant space industry based on three pillars: the pursuit of science and technology, creation of the future, and business development.