Japan to invest ¥150 billion in Rakuten’s domestic satellite project ^2.9%

The Japan Times - By Yukana Inoue - 6/30/2026, 8:22 AM

Framing Effect 23.1% - Optimism Bias 23.1% - Unattributed Quote 22.2%

Japan plans to invest ¥150 billion in Rakuten Mobile in a push to develop a homegrown satellite communication system and reduce reliance on firms such as Starlink. The funds will be released over a period of three years to cover costs for procuring the satellites and launching the network, media reports said Tuesday. The Ministry of... more