Japanese space ventures need to catch up to US companies. SpaceX recently launched three rich businessmen and an astronaut to the International Space Station for $55 million each.
Iwaya believes that his aim to make space more reachable will help to bridge the gap. And better represent Japan in the space race.
The company hopes that the project will make space tourism more accessible and affordable and help to bring a new level of excitement and curiosity about space to people around the world.