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On its second flight (MOMO-2), the Japanese 'Interstellar Technologies' privately funded rocket "MOMO" has suffered and anomaly shortly after takeoff. The rocket crashed down on the launch pad and bursted into flames, causing a big explosion. The rocket was supposed to fly over the altitude of 100 km and carry observational equipment into space. Liftoff occurred at 5:30 am (2030 GMT) from the launch site Taiki in southern Hokkaido on June 29.

Video edited by: Go To Space
Footage Courtesy: Interstellar Technologies

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Source: Wikipedia
Interstellar Technologies, Inc. (Japanese: インターステラテクノロジズ（株） Hepburn: Intāsutera Tekunorojizu (kabu)) is a Japanese NewSpace company. It is a rocket spacelaunch company, and has its own 'Momo' spacerocket. Its stated goal is to reduce the cost of access to space. In 2017, it became the first Japanese company to launch a privately developed space rocket, though the launch was unsuccessful. The company plans to complete a rocket by 2020 that would be capable of launching small satellites into orbit. As of 2018, the president is Takahiro Inagawa. Interstellar Technologies predecessor was established in 2003 by Takafumi Horie, who previously founded the ISP Livedoor. It was established to develop rockets to launch small satellites. It became Interstellar Technologies in 2005. Interstellar planned to lower the cost of access to space. It is attempting to have the first privately developed rocket reaching space in Japan.

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