TOKYO, Mar 27 (Pulse News Wire) – Betrend Corporation (402A.T) announced its proposal for advanced observation technology aimed at next-generation Earth observation satellites was selected by the Japan Aerospace Exploration Agency (JAXA). The project, titled "Satellite Formation-Airplane Monitoring CO2 Source-Specific Emission and Absorption Monitor," will be led by AxelSpace with three collaborating companies: Star Electronics Co., ANA Holdings Inc., and JIJ Corp.
The initiative seeks to develop sensors, optimize hyperspectral data processing, and construct verification systems aboard aircraft. Under the two-year grant program, AxelSpace will receive funding up to March 27, 2026, contingent upon successful stage-gate evaluations scheduled around the third year of the six-year project duration.
The total support amount includes launch and orbital validation costs. AxelSpace expects contributions to consolidated performance beginning in fiscal 2027, with anticipated revenue equivalent to more than 10% of fiscal 2025's consolidated sales over the implementation period.
Further details of the project can be found on JAXA’s website dedicated to the Strategic Fund for Space Technology Development.
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