Java language server fails in JrtFileSystem.walkModuleImage() with 1.10.0

Java language server fails when opening a project with the following error/stacktrace:

[Error - 5:16:03 PM] Sep 1, 2022, 5:16:03 PM Initialization failed
Cannot invoke "org.eclipse.jdt.internal.compiler.util.JrtFileSystem.walkModuleImage(org.eclipse.jdt.internal.compiler.util.JRTUtil$JrtFileVisitor, int)" because the return value of "org.eclipse.jdt.internal.compiler.util.JRTUtil.getJrtSystem(java.io.File, String)" is null
java.lang.NullPointerException: Cannot invoke "org.eclipse.jdt.internal.compiler.util.JrtFileSystem.walkModuleImage(org.eclipse.jdt.internal.compiler.util.JRTUtil$JrtFileVisitor, int)" because the return value of "org.eclipse.jdt.internal.compiler.util.JRTUtil.getJrtSystem(java.io.File, String)" is null
at org.eclipse.jdt.internal.compiler.util.JRTUtil.walkModuleImage(JRTUtil.java:242)
at org.eclipse.jdt.internal.core.JavaProject.loadModulesInJimage(JavaProject.java:983)
at org.eclipse.jdt.internal.core.JavaProject.computePackageFragmentRoots(JavaProject.java:782)
at org.eclipse.jdt.internal.core.JavaProject.computePackageFragmentRoots(JavaProject.java:1103)
at org.eclipse.jdt.internal.core.JavaProject.computePackageFragmentRoots(JavaProject.java:1048)
at org.eclipse.jdt.internal.core.JavaProject.computePackageFragmentRoots(JavaProject.java:1025)
at org.eclipse.jdt.internal.core.JavaProject.buildStructure(JavaProject.java:538)
at org.eclipse.jdt.internal.core.Openable.generateInfos(Openable.java:266)
at org.eclipse.jdt.internal.core.JavaElement.openWhenClosed(JavaElement.java:597)
at org.eclipse.jdt.internal.core.JavaElement.getElementInfo(JavaElement.java:328)
at org.eclipse.jdt.internal.core.JavaElement.getElementInfo(JavaElement.java:314)
at org.eclipse.jdt.internal.core.JavaElement.getChildren(JavaElement.java:269)
at org.eclipse.jdt.internal.core.JavaProject.getPackageFragmentRoots(JavaProject.java:2384)
at org.eclipse.jdt.internal.core.JavaProject.getPackageFragments(JavaProject.java:2408)
at org.eclipse.jdt.ls.core.internal.managers.ProjectsManager.cleanupResources(ProjectsManager.java:278)
at org.eclipse.jdt.ls.core.internal.managers.ProjectsManager.initializeProjects(ProjectsManager.java:107)
at org.eclipse.jdt.ls.core.internal.handlers.InitHandler$1.runInWorkspace(InitHandler.java:244)
at org.eclipse.core.internal.resources.InternalWorkspaceJob.run(InternalWorkspaceJob.java:43)
at org.eclipse.core.internal.jobs.Worker.run(Worker.java:63)

Downgrading the extension to the previous version (1.9.0) fixed the issue.

Environment

• Operating System: Ubuntu 22.04, but also seen by coworkers using MacOS
• JDK version: OpenJDK Runtime Environment Zulu17.28+13-CA (build 17+35-LTS)
• Visual Studio Code version: 1.70.2
• Java extension version: 1.10.0

Steps To Reproduce

1. Upgrade to the newest vscode-java release
2. Open an existing Java project

I don't know if it happens for all java projects, our is pretty complex and I unfortunately cannot share it.

Current Result

Opening an existing java project fails (it logs errors as described above and never finishes).

Expected Result

Opening java projects that worked in 1.9.0 should work with the latest version.