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<\/a><\/p>\nIspace, officially formed in 2010 to compete in the Google Lunar X Prize, has said it wants to create a lunar settlement by 2040. It plans to make money by delivering equipment and goods to and from the moon.<\/p>\n
The company is also partnered with the US-based Charles Stark Draper Laboratory, which holds a $73 million contract with NASA to deliver a suite of the agency\u2019s payloads to the lunar surface in 2025, a small part of NASA\u2019s Artemis program to return astronauts to the moon.<\/p>\n
Only governments and superpowers have been able to successfully land vehicles on the moon. The Israeli nonprofit SpaceIL, another Google Lunar X Prize team, tried in 2019 to place the first privately funded lander on the moon, but the spacecraft came in too fast and\u00a0crashed on the surface.<\/p>\n
Japan\u2019s space efforts have recently experienced several setbacks.<\/p>\n
The Japan Aerospace Exploration Agency\u2019s H3 rocket, designed and manufactured by Mitsubishi Heavy Industries Ltd. to meet growing demand for rockets with large payload capacity, failed to launch\u00a0once\u00a0in February after a system malfunction kept it grounded, and\u00a0again\u00a0in March when a self-destruct order was sent mid-flight after its second-stage booster failed to ignite.<\/p>\n
US President Joe Biden and Japanese Prime Minister Fumio Kishida announced last May that their countries would work together to put the first\u00a0Japanese astronaut\u00a0on the moon. A dearth of young astronauts led the Japanese space agency in February to recruit\u00a0two civilians, a Red Cross surgeon and a World Bank senior employee.<\/p>\n
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