Japan's revamped space agency [JAXA] plans new rocket to cut launch cost TOKYO (AFP) Sep 17, 2003 Japan's revamped space agency plans to develop a new rocket to halve launch costs and will cut staff to increase its efficiency, the head of the organization said Wednesday. The Japan Aerospace Exploration Agency (JAXA), which will formally start operations on October 1, will develop a new rocket that costs about half the 8.5 billion yen (73 million dollars) needed to launch the present H-2A rocket, said Shuichiro Yamanouchi, who will become head of JAXA. "We want to pursue space technologies that...