Private Japanese rocket launch company Space One Co. has postponed the launch of its small rocket scheduled for Saturday due to a ship entering the downrange hazard area.

The Tokyo-based company initially delayed the launch of its 18-meter-long Kairos rocket at Space Port Kii in the western Japan prefecture of Wakayama by 16 minutes from the originally scheduled 11:01 a.m. before announcing the postponement.

Photo taken March 9, 2024, from a Kyodo News helicopter shows Space One Co.'s Kairos rocket at Space Port Kii in Kushimoto, Wakayama Prefecture. (Kyodo)

It has not given a new launch date for the rocket, which will carry a government intelligence satellite.

Space One would be Japan's first private company to place a satellite into orbit.

The company was established in 2018 with investment from Canon Electronics Inc., IHI Aerospace Co., Shimizu Corp. and the government-owned Development Bank of Japan.

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