Axelspace Holdings Corporation [402A.T]
TOKYO, Jun 30 (Pulse News Wire) – Axelspace Holdings Corporation (402A.T) announced today that it has signed a contract with the Japan Aerospace Exploration Agency (JAXA) for the provision of the "AxelLiner Laboratory," a service offering orbital validation for high-mobility electric propulsion systems. The agreement, based on a basic agreement reached on April 21, 2026, covers research and experiments conducted in orbit until March 29, 2027.
Key details of the contract include: - Contract duration: From the signing date to March 29, 2027 - Contract amount: ¥319 million (tax included) - Board resolution date: June 16, 2026 - Signing date: June 30, 2026 The total contract value over four years is expected to be ¥638 million (tax included). Axelspace anticipates that this project will contribute positively to its consolidated performance beginning in fiscal 2027, with detailed forecasts to be disclosed alongside the May 2026 annual results.
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