Astroscale Holdings Inc. [186A.T]
TOKYO, Apr 10 (Pulse News Wire) – Astroscale Holdings (186A.T) announced today that its Japanese subsidiary, Astroscale Japan (ASJP), received a funding decision from the Japan Aerospace Exploration Agency (JAXA). The project, which focuses on developing fuel supply technology for electric propulsion systems in geostationary orbit, was approved for a two-year period from April 1, 2026, to March 31, 2028.
The allocated amount is ¥1.250 billion. This support aligns with JAXA’s space strategy fund and maintains the previous cap of ¥1.500 billion. The total assistance period remains unchanged at four years.
The notification was made on March 31, 2026, allowing for immediate public disclosure upon receiving permission from JAXA. Looking ahead, the company does not anticipate significant impact on its fiscal year 2026 operating results. However, Astroscale expects contributions to future performance, with projected revenue from the project to be recognized throughout the assistance period, beginning in fiscal year 2027.
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