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Japan to offer Michibiki satellite signal free

Japan: Japan Aerospace Exploration Agency (JAXA) and Science and Technology Ministry, Japan, is considering to make signals from its Michibiki navigation satellite available free of charge to Australia and South Korea, Nikkei business daily reports.

JAXA will sign agreements with the Korea Aerospace Research Institute and the government and universities in Australia and provide receivers from this spring, the newspaper said. In Japan, the technology, which can be used for agricultural production and information devices, is estimated to create a market with annual sales of up to 1 trillion yen (USD 12.02 billion) for receivers, data processing software and other related hardware and software, the daily reported.

Source: Reuters