Astroscale Holdings Inc. [186A.T]
TOKYO, Apr 02 (Pulse News Wire) – Astroscale Holdings (186A.T) announced today that its Japanese subsidiary, Astroscale Japan (ASJP), has concluded a two-year contract for the REFLEX-J satellite fueling technology project. The contract amount remains unchanged at ¥3.060 billion.
This agreement follows the initial formal acceptance of the REFLEX-J project in September 2025. The research and development project, aimed at extending satellite lifetimes through fuel replenishment technology, was awarded to ASJP by the Japan Science and Technology Agency (JST). The total budget for the project stands at ¥10.80 billion (tax-exempt). The service, known as LEX (Life Extension Service), involves providing fuel supply services to satellites operating in multiple orbits with electric propulsion systems.
The project duration spans five years, ending in March 2027. The contract signed on April 1, 2026, covers the period from April 2026 to March 2027. The initial annual contract, covering the period from September 1, 2025, to March 31, 2026, had a total value of ¥1.060 billion (tax-exempt). In addition, the company stated that this contract is included in the forecast for the fiscal year ending March 31, 2026.
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