By Kantaro Komiya TOKYO (Reuters) -Shares of Institute for Q-shu Pioneers of Space (iQPS) surged 120% in their Tokyo growth-market debut on Wednesday, after the satellite imagery startup raised 3.48 billion yen ($24 million) in an initial public offering (IPO). The stock opened at 860 yen per share versus its IPO price of 390 yen, with trading delayed by nearly five hours due to a glut of buy orders. Spun off from a Kyushu University lab in 2005, iQPS becomes the second major space venture to list in Tokyo after ispace inc had a blistering debut in April. The Fukuoka-based startup has develope…