TOKYO, Mar 11 (Pulse News Wire) – Toda Corporation (186A.T) announced today that its Japanese subsidiary AstroScale Inc. has finalized a contract amendment increasing the initial funding amount for the REFLEX-J satellite fueling technology project.
The total budget remains unchanged at ¥10.80 billion (tax-excluded). Originally contracted for ¥590 million (tax-excluded), the revised agreement now sets the initial contract value at ¥1.060 billion. This adjustment was made possible due to the successful progress of research and development activities since September 1, 2025, and the need to expedite procurement planning for long-lead-time components used in the REFLEX-J project. The contract period extends until March 2026.
The project, funded by the Japan Science and Technology Agency (JST), aims to develop fuel supply technologies for extending satellite lifespans. It focuses on expanding capabilities for multiple orbits and electric propulsion systems, targeting domestic chemical fuel supply technologies for international markets. The service offered under this initiative is called LEX (Life Extension Service). Looking ahead, while the amended contract does not factor into the fiscal year 2026 April-term consolidated earnings forecast, the company currently anticipates minimal impact on projected performance for the same period.
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