TOKYO, Mar 27 (Pulse News Wire) – QPS Holdings Inc. (464A.T) announced today that its subsidiary, QPS Institute, has secured a significant contract worth ¥751 million (tax-excluded) from the Ministry of Defense for the demonstration of key technologies necessary for space utilization.
The project, which runs from March 27, 2026, to March 30, 2029, builds upon previous work initiated on March 1, 2024, aimed at developing and manufacturing technology verification satellites for space applications. This latest contract involves the orbital testing of the developed satellite prototypes.
However, due to confidentiality agreements with the client, further specifics of the project remain undisclosed. Regarding future outlook, the company believes the impact on the current fiscal year's performance will be minor.
Nonetheless, QPS Holdings commits to promptly disclosing any significant developments related to this contract.
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