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A bit late, isn't it?

Not really. Space is the new frontier. Lots of valuable real estate. And computers make it easier all the time.

Still, what is really needed is a cheaper way of getting payloads out of Earth's gravity well.

Well I was considering their level of current technology versus others. Don't they have to start researching from the beginning if they've never had any before? Actually it would make sense if they have always been researching and building but never made an agency.

I could see that happening. Maybe they are just announcing to the world that "Oi! We're going to the moon!"