Japan Backs Rakuten’s LEO Satellite Ambitions With $912 Million Grant

Japan is investing up to $912 million in Rakuten to build a domestic low-Earth orbit satellite network, aiming to reduce reliance on foreign operators like Starlink. The Japanese government has approved up to 148 billion yen ($912 million) in financial support for Rakuten Group to help build a domestic low-Earth orbit (LEO) satellite communications network, […]