Source disclosure: February 20, 2026
BETREND CORPORATION [402A.T]
TOKYO, Feb 20 (Pulse News Wire) – Betrend Corporation (402A.T) announced today that its subsidiary Axelspace Corporation had concluded a contract with TrySat Constellation Co., Ltd. for a Defense Ministry project aimed at establishing a commercial satellite constellation to ensure stable acquisition of image data for standoff defensive capabilities.
The project involves six companies, including Mitsubishi Electric Corp., Sky Perfect JSAT Corp., Mitsui & Co., Synspective Inc., QPS Institute Inc., and Mitsui Aviation Space Co. Under the agreement, which runs from February 19, 2026, to March 31, 2031, Axelspace will participate in providing optical imagery data as part of the consortium's efforts. The total contract value is ¥48.07 billion (tax included).
Axelspace expects to recognize revenue up to this amount during the term of the contract, while also paying a certain fee rate to Mitsui Aviation Space Co. This initiative underscores Betrend’s commitment to leveraging its optical satellite constellation to meet diverse industry needs through Earth observation data provision. Further details on the impact on fiscal 2026 performance forecasts remain under review.
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