ispace,inc. [9348.T]

TOKYO, Mar 31 (Pulse News Wire) – ispace,inc. (9348.T) signed a payload service contract with South Korea's Unmanned Exploration Laboratory (UEL).

The agreement was approved by the board of directors. Under the deal, ispace will transport UEL’s lunar rover payload to the moon as part of Mission 3, which involves launching a two-wheeled lunar exploration rover developed with SBIR grant funding. The contract amount is $2.5 million (approximately ¥400 million).

UEL, founded in 2023, specializes in developing lunar rovers for missions such as space exploration and building lunar base facilities. The contract includes technical advice and coordination for loading payloads onto landers and rovers approximately one to two years prior to launch, as well as post-landing services related to experiments and operations on the lunar surface. The impact of this contract on ispace's fiscal year 2026 consolidated earnings forecast remains unchanged.

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