Key facts
- A Rakuten Group-led consortium will receive $926 million in Japanese government subsidies.
- The subsidies are for developing a domestic satellite communications network.
- The initiative aims to create an alternative to SpaceX's Starlink.
- Rocket Lab intends to acquire Iridium Communications for $8 billion.
- The acquisition aims to establish Rocket Lab's satellite internet network to compete with Starlink.
- Rocket Lab will gain Iridium's 80-satellite constellation and wireless spectrum.
- Japanese startup SolaNika will test laser drone charging technology.
- The laser drone charging aims to enable flights exceeding 12 hours.
- SolaNika's technology allows drones to receive power wirelessly during operation.
A consortium led by Rakuten Group is slated to receive approximately $926 million in Japanese government subsidies for the development of a domestic satellite communications network. This initiative is intended to provide an alternative to SpaceX's Starlink service and bolster Japan's national communication infrastructure.
In parallel, Rocket Lab has announced its intention to acquire Iridium Communications for $8 billion. This strategic move is designed to establish Rocket Lab's own satellite internet network and directly compete with SpaceX's Starlink. The acquisition will grant Rocket Lab access to Iridium's existing constellation of 80 satellites and its valuable wireless spectrum.
Further advancing the satellite and drone technology sector, Japanese startup SolaNika is preparing to commence trials of its laser-based power-beaming technology for drones. The company aims to enable drones to achieve flight durations exceeding 12 hours by facilitating wireless power reception during operation. This technology could significantly extend the operational capabilities of unmanned aerial vehicles.
