• BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
FinanceTime
  • August 22nd, 2026

FinanceTimeFinancetime

  • BUSINESS
    • FINANCE
    • LEGAL
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • HEALTHCARE & PHARMACEUTICALS
    • MEDIA & TELECOM
    • AEROSPACE AND DEFENSE
    • ENERGY
  • MARKETS
    • EUROPEAN MARKETS
    • ASIAN MARKETS
    • U.S. MARKETS
    • COMMODITIES
    • EMERGING MARKETS
    • DEALS
    • RATES & BONDS
  • WORLD
    • UNITED STATES
    • EUROPE
    • UNITED KINGDOM
    • ASIA PACIFIC
    • MIDDLE EAST
    • AFRICA
    • CHINA
    • INDIA
    • JAPAN
    • AMERICAS
    • FRANCE
    • GERMANY
  • POLITICS
    • GOVERNMENT
    • UNITED STATES
    • US SUPREME COURT
  • TECH
    • ARTIFICIAL INTELLIGENCE
    • CYBERSECURITY
    • SPACE
    • DISRUPTED
  • COMMENTARY
  • BREAKINGVIEWS
    • BREAKINGVIEWS PREDICTIONS
  • MONEY
    • WEALTH
    • FUNDS
    • ETFS
  • LIFE
    • LIFESTYLE
    • SPORTS
    • SCIENCE
  • SECTORS
    • ENERGY
    • HEALTHCARE
    • MEDIA & TELECOM
    • SUSTAINABILITY
    • ENVIRONMENT
    • RETAIL & CONSUMER
    • AUTOS & TRANSPORTATION
    • AEROSPACE AND DEFENSE
A model of the lander in HAKUTO-R lunar exploration program by "ispace" is pictured at a venue to monitor its landing on the Moon, in Tokyo, Japan, April 26, 2023. REUTERS/Kim Kyung-Hoon
A model of the lander in HAKUTO-R lunar exploration program by "ispace" is pictured at a venue to monitor its landing on the Moon, in Tokyo, Japan, April 26, 2023. REUTERS/Kim Kyung-Hoon
Employees of "ispace" bow their heads after the company announced they lost signal from the lander in HAKUTO-R lunar exploration program on the Moon at a venue to watch its landing in Tokyo, Japan, April 26, 2023. REUTERS/Kim Kyung-Hoon
Employees of "ispace" bow their heads after the company announced they lost signal from the lander in HAKUTO-R lunar exploration program on the Moon at a venue to watch its landing in Tokyo, Japan, April 26, 2023. REUTERS/Kim Kyung-Hoon
Employees of "ispace" react after the company announced they lost signal from the lander in HAKUTO-R lunar exploration program on the Moon at a venue to watch its landing in Tokyo, Japan, April 26, 2023. REUTERS/Kim Kyung-Hoon
Employees of "ispace" react after the company announced they lost signal from the lander in HAKUTO-R lunar exploration program on the Moon at a venue to watch its landing in Tokyo, Japan, April 26, 2023. REUTERS/Kim Kyung-Hoon
Home
Business
Aerospace & Defense

Japan startup's failed moon landing caused by altitude miscalculation, company says

May 26th, 2023 | 06:43 AM BUSINESS Aerospace & Defense 3

Facebook Twitter Google+ LinkedIn Pinterest

Worth reading...

Finland summons Russian ambassador over suspected airspace violation
Ukraine's ousted defence minister plans US trip to raise project funding
Trump wants a new meeting with Kim Jong Un. North Korea says not so fast
Norway boosts defence footprint with expansion of Arctic brigade
By Reuters

Japanese startup ispace inc's (9348.T) failed Hakuto-R moon landing mission last month was caused by an altitude miscalculation that meant the spacecraft ran out of fuel, the company said on Friday.

Tokyo-based ispace lost connection with the Hakuto-R Mission 1 lander after the spacecraft attempted what would have been the world's first commercial soft-landing on the moon's surface.

The crash was the latest setback in Japan's space programme. The national space agency in March had to destroy its new medium-lift H3 rocket after it reached space, and its solid-fuel Epsilon rocket failed after launch in October.

Improvements would be made for the next two missions, ispace said.

"Through these two missions, it is very important for us to increase our knowledge as much as possible to achieve stable commercialisation in the future," ispace Chief Executive Takeshi Hakamada told reporters at the Japan National Press Club.

Whereas national space agencies dominated space exploration in decades past, numerous private players are competing in a new space race between the United States and its allies versus an increasingly ambitious China.

NASA has relied on Elon Musk's SpaceX to carry many of its payloads into orbit, and last week the agency awarded a lunar lander contract to a team led by Jeff Bezos' Blue Origin.

After launching its Hakuto-R lander aboard a SpaceX rocket with much fanfare in December, ispace shares made a blistering debut on the Tokyo Stock Exchange in April. But during the final landing phase in the early hours of April 26, ispace lost contact with the craft.

Shares in ispace surged as high as 2,373 yen, more than 9 times their IPO price, in the days following their debut. They crashed to below 800 yen after the Hakuto-R's failure, but have since recovered, last trading at 1,748 yen ($12.94).

Photos of debris and an impact crater at the Hakuto-R's intended landing site were released this week by NASA, which scanned the area with its Lunar Reconnaissance Orbiter.

An ispace investigation showed that after the vehicle passed over a large lunar cliff, a sensor software glitch caused a discrepancy between its actual and expected altitude, and after its fuel ran out, it plummeted the last 5 kilometres (3 miles) to the moon's surface.

Ryo Ujiie, ispace's chief technology officer, told reporters he partially blamed ispace's mission parameters and other settings for the glitch of the software, which was provided by U.S. space software developer Draper.

The company had changed the targeted landing location as late as seven months before the touchdown attempt, foregoing a flatter terrain selected in 2021 for the newer site near a cliff "to maximize the benefit of the mission," Ujiie told reporters. He declined to say specifically when the change was made.

"That landing site change impacted on this issue," Ujiie said. "We might have (had) a chance to successfully land on the moon if we didn't change that landing site, but it’s just a hypothesis."

A second ispace mission is scheduled in 2024, with another M1 lander due to carry the company's own rover. From 2025, the company is set to work with Draper to bring NASA payloads to the moon, aiming to build a permanently staffed lunar colony by 2040.

($1 = 135.0500 yen)

  • Topic
  • Japan
  • ISPACE/ (UPDATE 3, PIX)
Facebook Twitter Google+ LinkedIn Pinterest
Previous article Finland summons Russian ambassador over suspected airspace violation

Related Posts

Aerospace & Defense
August 21st, 2026

Finland summons Russian ambassador over suspected airspace violation

Aerospace & Defense
August 21st, 2026

Ukraine's ousted defence minister plans US trip to raise project funding

Aerospace & Defense
August 21st, 2026

Trump wants a new meeting with Kim Jong Un. North Korea says not so fast

Aerospace & Defense
August 20th, 2026

Norway boosts defence footprint with expansion of Arctic brigade

Aerospace & Defense
August 20th, 2026

Latvia says drone in its airspace on August 14 was Ukrainian

Aerospace & Defense
August 20th, 2026

Serbia turns to Russia to help fight wildfires

The Wire
Aug 21st 1 day ago
Government

Trump administration moves to end attorney group's law scho...

Aug 21st 1 day ago
Africa

First migrants buried in Spain's Ceuta after deadly border ...

Aug 21st 1 day ago
Americas

Lula, Trump discuss tariffs in phone call, Brazil says

Aug 21st 1 day ago
World

US plans $725 million payment towards its large UN debt

Aug 21st 1 day ago
Middle East

NATO members discuss Strait of Hormuz options without allia...

TRENDING ON FINANCETIME
Aug 21st, 2026 Americas

Mexican governor accused by US of cartel ties returns to office

Aug 21st, 2026 Middle East

Turkey to seek Interpol notice for Netanyahu in Gaza flotilla case

Aug 21st, 2026 Litigation

Explainer: Why is Trump talking about the Keystone XL oil pipeline?

Aug 21st, 2026 Wealth

Guggenheim fund hits 17-year low after short-seller claims

Aug 21st, 2026 Wealth

Ken Griffin's Citadel sheds over $4 billion of Situational Awareness' bets


  • BUSINESS
  • MARKETS
  • WORLD
  • POLITICS
  • TECH
  • COMMENTARY
  • BREAKINGVIEWS
  • MONEY
  • LIFE
  • SECTORS
  • Back to top
FinanceTime
FinanceTime

World Business & Financial News, Breaking US & International News

Additional Services
  • Privacy-Policy
  • Terms and Conditions
© Financetime.org 2026. All rights reserved. Hosted by LeadsDeposit.com
Produced by C-iT