Honda successfully conducted a “launch and landing test of an experimental reusable rocket” developed by its research and development subsidiary, the company announced this week. It was the first time Honda landed a rocket after it reached an altitude of 890 feet, according to a press release.

The Japanese automaker Honda just hit a key milestone in rocket reusability with a near-bullseye landing during a vertical test flight in Hokkaido.

Honda says its first reusable rocket launch was successful as the Japan's second-biggest automaker marked a key milestone to create its space wing by 2029.