Future Space Transport Co., Ltd. Receives 1 Billion Yen Additional Allocation and Extension Period Approved by SBIR Phase 3 Stage Gate Review Committee
Key facts
- Future Space Transport Co., Ltd. Receives 1 Billion Yen Additional Allocation and Extension Period Approved by SBIR Phase 3 Stage Gate Review Committee
- Future Space Transport Co., Ltd. has passed the stage-gate review of the Ministry of Education, Culture, Sports, Science and Technology's SBIR Phase 3 program, receiving an additional budget allocation of 1 billion yen and an extension of Phase 2 until the end of May 2027.
- Source: PR Times
- Date: June 5, 2026
Direct answer
Future Space Transport Co., Ltd. has passed the stage-gate review of the Ministry of Education, Culture, Sports, Science and Technology's SBIR Phase 3 program, receiving an additional budget allocation of 1 billion yen and an extension of Phase 2 until the end of May 2027.
- Citation
- Future Space Transport Co., Ltd. Receives 1 Billion Yen Additional Allocation and Extension Period Approved by SBIR Phase 3 Stage Gate Review Committee (June 5, 2026), PR Times
- Source
- PR Times
- Date
- June 5, 2026
Future Space Transport Co., Ltd. has passed the stage-gate review of the Ministry of Education, Culture, Sports, Science and Technology's SBIR Phase 3 program, receiving an additional budget allocation of 1 billion yen and an extension of Phase 2 until the end of May 2027.
📋 Article Processing Timeline
- 📰 Published: June 5, 2026 at 23:00
- 🔍 Collected: June 5, 2026 at 14:21
- 🤖 AI Analyzed: June 6, 2026 at 22:21 (32h 0m after Collected)
Future Space Transport Co., Ltd. (Chuo-ku, Tokyo; Representative Director, Kojiro Hatada) is a startup company with the vision of 'A world where people and cargo can be delivered every day. Making that commonplace in space as well,' aiming to realize a transportation system that enables space travel.
We are pleased to announce that as a result of the review by the Stage Gate Review Committee of the Ministry of Education, Culture, Sports, Science and Technology's Small Business Innovation Promotion Project (SBIR Phase 3) in the space field (business theme: development and demonstration of private rockets), an additional budget allocation (1 billion yen) and an extension of Phase 2 (until the end of May 2027) have been approved.
■ Reference Links
・Ministry of Education, Culture, Sports, Science and Technology SBIR Phase 3 Fund (Small Business Innovation Research)
https://www.mext.go.jp/mext_02308.html
・Ministry of Education, Culture, Sports, Science and Technology Press Release
https://www.mext.go.jp/b_menu/houdou/mext_01641.html
・Fund Establishment Entity (General Incorporated Association Low-Carbon Investment Promotion Organization)
https://www.teitanso.or.jp/sbir-monka-hojo/
■ We are accepting 'Advance Application Surveys' for space travel
Please apply from the link below.
https://forms.gle/TDc8HpdcR2zCU41t9
■ Inquiries regarding business partnerships, etc.
https://innovative-space-carrier.co.jp/contact/
We are pleased to announce that as a result of the review by the Stage Gate Review Committee of the Ministry of Education, Culture, Sports, Science and Technology's Small Business Innovation Promotion Project (SBIR Phase 3) in the space field (business theme: development and demonstration of private rockets), an additional budget allocation (1 billion yen) and an extension of Phase 2 (until the end of May 2027) have been approved.
■ Reference Links
・Ministry of Education, Culture, Sports, Science and Technology SBIR Phase 3 Fund (Small Business Innovation Research)
https://www.mext.go.jp/mext_02308.html
・Ministry of Education, Culture, Sports, Science and Technology Press Release
https://www.mext.go.jp/b_menu/houdou/mext_01641.html
・Fund Establishment Entity (General Incorporated Association Low-Carbon Investment Promotion Organization)
https://www.teitanso.or.jp/sbir-monka-hojo/
■ We are accepting 'Advance Application Surveys' for space travel
Please apply from the link below.
https://forms.gle/TDc8HpdcR2zCU41t9
■ Inquiries regarding business partnerships, etc.
https://innovative-space-carrier.co.jp/contact/
FAQ
What is SBIR Phase 3?
It is a fund project by MEXT to support the development and demonstration of private rockets in the space field.
How much additional budget was allocated?
1 billion yen.
Until when is Phase 2 extended?
Until the end of May 2027.