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ispace won a grant from the Japanese government worth 12,000,000,000 JPY in October 2023 to support work on Mission 6.
ispace will use 1,800,000,000 JPY to cover part of the cost of two relay satellites being built by Blue Canyon Technologies to handle communications between the farside lander and Earth.
ispace will use 1,000,000,000 JPY of the raised funds for other working capital.
ispace completed a sale of 10.25 million shares on 2024-03-28, raising approximately 8,100,000,000 JPY ($53,500,000).
ispace is spending 2,100,000,000 JPY to cover part of the Mission 3 launch cost on a SpaceX Falcon 9 rocket.
Intersteller Walk signed a launch agreement with Beijing-based launch service provider iSpace for a mission to demonstrate patented docking port technology using a satellite equipped with two robotic arms.
ispace plans to progressively increase the APEX series payload capacity to eventually reach 500 kg.
ispace technologies U.S., inc. (ispace-U.S.) signed a payload services agreement with Rhea Space Activity to deliver autonomous guidance and navigation technology to lunar orbit aboard ispace-U.S.’s Mission 3 scheduled for 2026.
Rhea Space Activity’s JAM modules will be flown in conjunction with ispace-U.S.’s contribution to the Draper-led Commercial Lunar Payload Services initiative to deliver Artemis science investigations to the far side of the Moon in 2026.
The Draper-led lunar lander mission will carry the APEX 1.0 lander that ispace U.S. will design and operate to the far side of the Moon as part of NASA’s Commercial Lunar Payload Services (CLPS) program.
iSpace is developing the Hyperbola-3 methane-liquid oxygen reusable rocket with a payload capacity of 8,500 kg to LEO and a first flight planned for 2025.
The UK Space Agency announced funding for the University of Leicester and ispace to develop a Lunar Spectrometer for future exploration missions to investigate water ice on the Moon.
ispace operates business entities around the world to support its lunar and cislunar activities.
ispace, inc. released a statement on 2024-03-05 from Tokyo.
ispace EUROPE S.A. and Control Data Systems SRL signed a memorandum of understanding on 2024-03-01 related to payload services and strategic cooperation on future lunar missions.
HAKUTO-R M1, a lander developed by Japanese company ispace, crashed on its final approach to the moon in April 2023 after its onboard computer disregarded altitude information and concluded the lander was on the surface when it was about five kilometers above it.
iSpace’s Hyperbola-3 is a methane-liquid oxygen reusable launcher with a payload capacity of 8,500 kg to LEO and a first flight planned for 2025.
Multiple Chinese companies are developing reusable rockets, including iSpace’s Hyperbola-3, Landspace’s Zhuque-3, Galactic Energy’s Pallas-1, CAS Space’s Kinetica 2, Deep Blue Aerospace’s Nebula-1, and Space Pioneer’s Tianlong-3.
The agreements commit mu Space and ispace to collaborate on developing the cislunar satellite market by coordinating transportation and deployment for lunar satellite payload customers while supplying satellite components.
ispace became the first lunar transportation service provider to successfully launch a lunar lander in December 2022.