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ispace raised $53.5 million through a stock sale in March 2024, with $47 million of that intended for the Draper-led CLPS mission.
ispace US will serve as the company’s US subsidiary’s first CLPS mission integrator with Draper Laboratory and is targeting a farside Moon landing in 2027 carrying NASA payloads and another rover from ispace Europe.
ispace received a $22 million insurance payout for its first crashed Moon mission from Mitsui Sumitomo.
ispace Japan has raised loans of $35 million and $70 million this year and $62 million and $45 million last year.
The 5-kilogram TENACIOUS micro-rover built by ispace Europe under an ESA contract with funding aid from the Luxembourg Space Agency was lost when RESILIENCE crashed.
ispace conducted extensive field testing of landing sensors in lunar-like environments at multiple locations around the world prior to RESILIENCE’s launch.
ispace Europe and five European institutional partners won an extended approximately €2.7 million ESA contract to collaborate on the MAGPIE mission.
ispace utilized five of ESA’s Estrack network ground stations to command and receive telemetry from RESILIENCE throughout its mission.
ispace’s share of Draper Laboratory’s $77 million CLPS contract is approximately $55 million.
ispace’s first lunar lander Hakuto-R crashed during its landing attempt about two years before RESILIENCE.
ispace Japan’s second Moon lander RESILIENCE launched in January with the aim of a Moon landing.
ispace Japan received an $80 million Japanese government grant that includes funding for launching a fourth lunar lander by 2027.
ispace Japan’s RESILIENCE crashed into the Moon during its landing attempt on June 6.
ispace Japan’s Chief Technology Officer Ryo Ujiie reported that RESILIENCE used a different laser rangefinder than on the first mission because the vendor had discontinued the earlier model.
ispace Japan’s CFO Jumpei Nozaki indicated that the company has the funding necessary to attempt a third lunar landing.
ispace US will provide ground communications and relay services for the planned CLPS mission.
ispace plans to begin RESILIENCE's descent to the lunar surface from its current circular orbit at approximately 100 kilometers altitude, which is higher than Chandrayaan-3's 30-kilometer and Firefly's Blue Ghost 20-kilometer descent start altitudes.
ispace targets June 5 at 19:24 UTC as the Moon landing date and time for the RESILIENCE lander.
ispace Japan's second Moon lander RESILIENCE circularized its lunar orbit on May 28 with a roughly 10-minute main engine burn.
The UAE’s first near-identical Rashid rover launched in 2023 but could not operate on the Moon because ispace Japan’s first Moon lander carrying the rover crashed.