Japan's Space One terminated the flight of its Kairos small rocket shortly after liftoff on Wednesday, marking the failure of its second attempt in nine months to become the first Japanese company to deliver a satellite to space using a privately developed rocket, News.az reports citing Reuters.

Japanese startup Space One Co. suffered a setback on Wednesday as its rocket failed during a launch for the second time, hampering its goal of becoming the first private company in Japan to send a satellite into orbit.

Japanese company Space One has decided to delay the launch of the second unit of its Kairos small rocket, initially scheduled for December 15, after another postponement the day before, News.Az reports citing the JapanTimes.