Astroscale Holdings Inc. [186A.T]
TOKYO, May 19 (Pulse News Wire) – Astroscale Holdings Inc. (186A.T) announced today that its board of directors, held on May 19, 2026, approved a strategic partnership with Sky Perfect JSAT Corporation aimed at creating new orbital business opportunities.
The collaboration leverages Astroscale's space service technology and Sky Perfect JSAT’s extensive operational experience to develop scalable and commercially viable solutions. Under the agreement, Astroscale plans to issue ordinary shares to Sky Perfect JSAT through a private placement. The number of shares to be issued is calculated based on the anticipated issuance price of ¥1,704 per share, resulting in an estimated issuance amount of ¥800 million. The final number of shares will be determined by the board resolution on May 20, 2026. Sky Perfect JSAT, headquartered at Tokyo, Minato Ku Akasaka Ichi Choume 8-1, was established on April 02, 2007, with a capital of ¥10.17 billion.
Its major shareholders include Itochu Fuji Partners Co., Ltd. with a holding ratio of __NUM_2%, NTT DOCOMO Business Co., Ltd. with __NUM_3%, and others. The partnership is expected to commence on June 02, 2026, subject to contract signing on the same day. The transaction is anticipated to have a minor impact on the consolidated performance forecast for the fiscal year ending March 2026.
Any significant developments will be disclosed promptly.
🟡 Confidence: Standard AI-translated content.