In terms of both annual budget allotments and industry presence, the American space program is overwhelmingly larger than Japan’s. The Japan Aerospace Exploration Agency (JAXA) is ranked seventh in the world in terms of competitiveness, behind not only the US, but also countries such as Canada and India with minimal presence. JAXA’s annual budget is $2.5 billion; this is one-fourteenth of NASA’s. Japan is equipped with very advanced technology, much more so than fellow Asians India and China, but at this juncture, Japan is still lagging far behind the United States in terms of space program relevance.
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