Ispace signs H3 rocket launch contract for Mission 3

TOKYO, Jul 29 (Pulse News Wire) – ispace,inc. (9348.T) signed a launch agreement with Mitsubishi Heavy Industries for Mission 3 using the H3 rocket, according to a resolution made by the board of directors.

The agreement covers the ULTRA lander mission scheduled for 2028, aiming to enhance reliable lunar transportation systems through domestic collaboration. This contract solidifies ispace's commitment to leveraging Mitsubishi Heavy Industries' proven launch capabilities, ensuring successful execution of future missions. With experience from previous moon missions and ongoing development of the high-performance ULTRA lander, ispace seeks to establish frequent and cost-effective lunar transport services. Mitsubishi Heavy Industries, long involved in Japan’s space industry, develops the next-generation H3 rocket.

Ensuring launch capability is crucial for stable growth in national space industries. By combining Mitsubishi's launch expertise with ispace's landing technology, the companies aim to expand Japan's commercial presence in lunar exploration and infrastructure development. Further cooperation in related technologies beyond transportation services is also being explored. Regarding financial impact, the costs associated with this agreement are expected to be recognized in fiscal 2028, having no effect on the forecast for the March 2027 fiscal year.

Any significant financial impacts will be disclosed promptly if identified.