Mitsubishi Heavy Industries develops and operates the H3 launch vehicle and sells launch services to government and commercial customers, including ispace.
Mitsubishi Heavy Industries' H3 is Japan's flagship heavy launcher, jointly developed with JAXA and operated as MHI's launch-service business. It completed successful H3 launches carrying HTV-X1 on Oct-25, QZS-6 on Feb-25, the low-cost Type 30 configuration with six small satellites on Jun-26, and QZS-7 on Aug-26, while also signing a 2028 launch contract with ispace for the ULTRA lunar lander on Jul-26. The program is structurally important for Japan's sovereign launch, defense, navigation, ISS-logistics, and emerging commercial lunar ecosystem, but its cadence and commercial economics remain less proven than SpaceX's.
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Mitsubishi Heavy Industries develops and operates the H3 launch vehicle and sells launch services to government and commercial customers, including ispace. Mitsubishi Heavy Industries' H3 is Japan's flagship heavy launcher, jointly developed with JAXA and operated as MHI's launch-service business. It completed successful H3 launches carrying HTV-X1 on Oct-25, QZS-6 on Feb-25, the low-cost Type 30 configuration with six small satellites on Jun-26, and QZS-7 on Aug-26, while also signing a 2028 launch contract with ispace for the ULTRA lunar lander on
Mitsubishi Heavy H3 ranks 21 of 100 on the Space 100 (November 2026 edition) with a score of 81 out of 100, in Heavy & medium (Launch). Assessment by Frontier Tech Intelligence.
SpaceX (rank 1), Avio (rank 6), Blue Origin (rank 10), Landspace (rank 18), United Launch Alliance (rank 38), ArianeGroup / Arianespace (rank 43).
Mitsubishi Heavy H3 is based in Tokyo, Tokyo, Japan. Stage: Established.
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