Japan, May 14 -- NEC Corporation has launched a project to develop an Orbital Transfer Vehicle (OTV) following its selection by the Japan Aerospace Exploration Agency (JAXA) and the agency's decision to award NEC with a grant for the technology development theme "Technologies for Realizing Flexible Mobility in Space: (A) Development of Inter-Orbital Transportation Vehicles." Through this project, NEC aims to achieve the first implementation of OTV in Asia.An OTV is a spacecraft designed to transport satellites to their intended orbits, such as a geostationary or lunar orbit, after they have separated from their rockets. Typically, after a rocket places a satellite into an initial orbit, the satellite must use its own large engines and a sig...