Canon Electronics, IHI Aerospace, Shimizu Corporation and DBJ announce establishment of New Generation Small Rocket Development Planning Co. Ltd.
TOKYO, August 24, 2017—Canon Electronics Inc. , IHI Aerospace Co., Ltd. , Shimizu Corporation, and Development Bank of Japan Inc. announced1 that the four companies have established New Generation Small Rocket Development Planning Co., Ltd. (“NSR-DP”) to develop a commercial space transport service business, aiming to capture demand in the field of small satellite launches, which is expected to experience future growth both in Japan and overseas.Canon Global