"Japan's experimental reusable rocket took off and safely landed in a first test flight Saturday," reports the Associated Press, as Japan "seeks to achieve the technology key to cut launch costs and compete in the global space market dominated by SpaceX."

The RV-X rocket lifted off, hovered and moved horizontally before landing [watch the video here] during its less than one-minute flight at the Japan Aerospace Exploration Agency's Noshiro Testing Center in northeastern Japan, which was livestreamed by the NVS, a group of space fans... Saturday's flight is a step forward for Japan in achieving the technology needed to develop a lower cost successor to the country's current mainstay, single-use H3 series.

Japan's test comes the same week that China recovered an orbital booster rocket for the first time.