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    Home » Japan space agency rocket carrying eight satellites fails
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    Japan space agency rocket carrying eight satellites fails

    October 12, 2022
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    In Japan’s first failed rocket launch in nearly 20 years, an eight-satellite rocket failed just after liftoff Wednesday, resulting in a self-destruction command. According to Japan Aerospace Exploration Agency President Hiroshi Yamakawa, the Epsilon-6 rocket did not orbit around the Earth in the right position and had to be aborted less than seven minutes after taking off from the Uchinoura Space Center in the southern Japanese prefecture of Kagoshima.

    Japan space agency rocket carrying eight satellites fails“We deeply apologize for our failure to live up to the expectations” of local officials and those who were involved in the development of the satellites, Yamakawa said, pledging to assist in the investigation into the cause of the failure. After deciding that the rocket could not fly safely and enter a planned orbit, JAXA sent a self-destruction signal. The rocket and payloads are believed to have fallen into the sea east of the Philippines, according to JAXA.

    The agency said it was still investigating the cause of the failure. There were eight payloads on the Epsilon rocket, including two developed by a private company from Fukuoka, in the southern prefecture of Fuji. A commercially developed payload was carried by an Epsilon rocket for the first time.

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    Apple market cap reaches 4.94 trillion to top Nvidia

    Technology July 29, 2026

    The valuation shift reflects broader recalibrations across international financial markets as institutional managers re-evaluate capital commitments tied to artificial intelligence infrastructure. While competing hyperscale computing enterprises including Alphabet and Tesla accelerated capital investments toward data centers, robotics, and autonomous transport networks, Apple maintained disciplined expenditure controls over consecutive fiscal quarters. Market participants increasingly view Apple’s disciplined spending approach as a operational buffer, allowing the firm to expand its proprietary Apple Intelligence software ecosystem without incurring high infrastructure depreciation costs. Trading patterns across major equity benchmarks highlighted diverging sentiment between hardware component suppliers and consumer technology platforms. Nvidia shares experienced increased selling pressure alongside wider pullbacks across semiconductor equities, as investors scrutinized the timeline for financial returns on massive artificial intelligence data center investments. The Philadelphia Semiconductor Index recorded notable weekly declines as market participants reassessed elevated valuation multiples across pure-play chipmakers. Despite persistent demand for graphics processing units, concerns surrounding energy supply constraints, macroeconomic interest rate trajectories, and capital expenditure intensity weighed on semiconductor equity prices.

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