TOKYO, Mar 27 (Pulse News Wire) – Ispace,inc. (9348.T) announced today that its board of directors approved the introduction of a new lunar lander model called ULTRA, which integrates its existing APEX 1.0 and Series 3 models.
Additionally, the company decided to reschedule the launch of its next mission in the United States to 2030 due to delays in developing the VoidRunner engine by Agile Space Industries. The revised schedule awaits formal approval from NASA. In light of growing global interest in lunar development, particularly in the United States where President Biden's executive order aims to establish a base and nuclear reactor on the moon by 2030, ispace seeks to enhance mission quality and efficiency. The ULTRA model aims to meet customer expectations more effectively while ensuring reliable lunar landing missions through alternative engines for future missions.
Furthermore, the company plans structural reforms to optimize staffing across its Japanese and American bases, aiming for overall cost reduction. Key changes include consolidating development groups under the CTO and enhancing project management functions globally. However, assembly, integration, and testing (AIT) operations will remain localized in Japan and the US to maintain flexibility in addressing major client needs. Impact on fiscal performance for the March 2026 term remains under review.
Any significant effects will be disclosed promptly.
🟢 Confidence: High AI-translated content.