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Japan Funds Rakuten for Own Satellite Network | Business and Finance News
Published 2 days, 12 hours ago
Description
Japan’s pouring nearly $912 million into Rakuten to build its own satellite network, aiming to ditch reliance on foreign providers like SpaceX. This bold move boosts national security and ensures resilient connectivity—especially during disasters—by empowering domestic tech leadership through a potential joint venture with AST SpaceMobile.
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