Space One, a Tokyo-based company aiming to become Japan’s first private firm to place a satellite into orbit, postponed its rocket launch on Saturday. The decision came after its initial attempt resulted in a mid-air explosion earlier this year.

The launch, scheduled for 11 am local time (0200 GMT), was set to take place from Space One’s launch pad in the rural western Wakayama region. However, just 20 minutes before the planned liftoff, the company called off the attempt. A presenter for the local authorities’ live stream confirmed, “The postponement of the launch has been confirmed. The reason hasn’t been announced yet.”

While Space One did not immediately provide an official statement, local media reported that the delay was due to adverse wind conditions. The company is expected to provide further details at a press conference.

The solid-fuel Kairos rocket was set to carry five satellites in its second launch attempt, including one from the Taiwan Space Agency and others designed by Japanese students and corporations. The first launch in March had ended in disaster after the rocket self-destructed following technical issues.

Space One was founded in 2018 with backing from major businesses like Canon Electronics, IHI Aerospace, and Shimizu, alongside the government-run Development Bank of Japan. The company aims to replicate the success of Elon Musk's SpaceX by offering cost-effective and frequent space launches.

In Japan, the Japan Aerospace Exploration Agency (JAXA) is also striving to secure a strong position in the global satellite launch industry. Despite setbacks, including multiple failed attempts of its H3 launch system, JAXA had a significant achievement earlier this year with the successful soft landing of an unmanned probe on the Moon.