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ispace has signed a Memorandum of Understanding with Mitsui Sumitomo Insurance, a Tokyo-based firm that began working with ispace in 2019, to insure its first attempt to send a lander to the moon.
ispace plans to ship its lander to Florida by early autumn for launch preparations.
ispace had raised $200,000,000 as of late October, including an investment from Airbus’ venture capital arm.
The agreement outlines intentions to finalize insurance terms in the months leading up to ispace’s Mission 1 (M1), which is slated to fly on a SpaceX Falcon 9 no earlier than the fourth quarter of 2022.
ispace planned to ship the HAKUTO-R M1 lander to Florida by early Autumn 2022 for launch preparations.
ispace, inc. has over 170 staff and offices in Japan, Europe, and the United States.
Mitsui Sumitomo Insurance and ispace signed a Memorandum of Understanding to finalize insurance terms during 2022 for coverage of ispace Mission 1.
ispace planned to ship the HAKUTO-R Mission 1 lander to Florida by early Autumn 2022 for launch preparations.
ispace’s Mission 1 (M1) was planned to launch around 2022-10-01 at the earliest as of 2022-04-01.
ispace’s first lunar mission lander was undergoing final assembly at an ArianeGroup facility in Germany and was planned to launch from the United States on a SpaceX Falcon 9 rocket.
ispace planned for the HAKUTO-R M1 lander to launch from the United States on a SpaceX Falcon 9 rocket.
ispace’s Moon Valley 2040 vision projects a lunar population of 1,000 people and 10,000 visitors per year by 2040.
HAKUTO-R is a lunar exploration program consisting of ispace Mission 1, a soft lunar landing planned for 2022, and Mission 2, a lunar landing with rover deployment planned for 2024.
ArkEdge Space led a consortium including ispace, Mitsubishi Precision, Kiyohara Optics, KDDI Corporation, and the University of Tokyo to develop a concept of a lunar navigation satellite system, a lunar‑Earth communication system, and a development plan.
Plus Ultra Space Outposts has a deal with ispace to launch additional satellites for its planned lunar constellation as soon as 2024.
Private firms iSpace and Galactic Energy are operating light-lift solid rockets while developing reusable liquid launchers.
iSpace’s Hyperbola-2 launcher is designed to deliver over 1,100 kg of payload into a 500-kilometer Sun-synchronous orbit or 800 kg when the first stage is recovered and reused.
Private firm iSpace launched two Hyperbola-1 solid rockets in 2021 and both launches failed.
iSpace is preparing a fourth Hyperbola-1 solid rocket launch after two consecutive failures and could launch the methane–liquid oxygen Hyperbola-2 in 2022.
Space Pioneer and iSpace are preparing hop tests using the Tiansuo-1 and Hyperbola-2 first stage test vehicles respectively.