Japan, regarded as one of the most competitive players in the promising space business, needs to establish commercial cargo operations and narrow the scope of service areas eligible for government financial aid to better catch up with leading global rivals, analysts say.Japan is among the first five countries to land a probe on the Moon and ranks third in public investment in the space sector, while a growing number of companies are seeking to offer services ranging from communications and in-orbit servicing to space travel.But Japanese service providers still rely on U.S. companies such as…READ FULL ARTICLE