The growing problem of space debris has been highlighted as a priority by Japanese Defence Minister, Itsunori Onodera, who has promised strengthened cooperation with the Japanese Aerospace Exploration Agency (JAXA) in order to address the challenge.

Japan’s Space One has declared that it will begin commercial launch operations in 2022, revealing an ambitious agenda for a company entering a very crowded regional and international market.

Acknowledging competition from companies like SpaceX, Japan's Mitsubishi Heavy Industries (MHI) and the Japanese Aerospace Exploration Agency (JAXA) aim to ensure that its next-generation space launch vehicle, the H-3, will cut launch costs by half compared to its current workhorse, the H-2.

Japanese New Space startup, PD Aerospace, has successfully raised U.S.$4.78 million in funding from five investors that include ANA Holdings, parent company of Japanese airline All Nippon Airlines (ANA), and H.I.S., one of Japan's largest travel agencies.

The Japanese Ministry of Defence (MoD) will use Planet's Dove Earth imaging nanosatellites to collect intelligence on Japanese national security threats, supplementing the high-resolution satellite imagery it receives from the Japanese government's Intelligence Gathering Satellites (IGS).

Japan's space agency, JAXA, intends to enter the reusable space launch race to catch up with U.S. efforts. It has announced plans to develop a reusable rocket that can carry payloads into orbit on two consecutive days, aiming to cut the costs of space transportation, according to a report in Nikkei Asian Review.

In another sign of growing Japanese strategic influence in Southeast Asia, a senior Japanese official has revealed that Malaysia is seeking satellite and other strategic technologies from the Japanese government and industry.

Japan's Sony Corporation is seeking to enter the New Space sector by manufacturing optical communication devices for small satellites, based on Sony's decades-long experience in manufacturing compact disc (CD) players. This marks a diversification of Sony's business empire, and it is also a strong signal that Japan's great trading houses and companies are looking for opportunities in the New Space sector in Japan and abroad.

A Japanese military satellite payload, DSN-1, a dedicated military communications payload for the Japanese Ministry of Defence (MoD), was successfully launched into orbit on-board a SKY Perfect JSAT Superbird-8 communications satellite by Arianespace on 5 April 2018.

Vietnam has formally joined the Japanese-led Asian Microsatellite Consortium (AMC) with the completion of its MicroDragon microsatellite, a move that will help the Southeast Asian country develop the necessary technologies and human capacities to design and produce further microsatellites, the Vietnam Space Center (VNSC) announced on 9 April 2018.