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Astroscale Secures £5.15M Contract for UK Defence Space Mission

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Astroscale Secures £5.15M Contract for UK Defence Space Mission

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An announcement from Astroscale Holdings Inc. ( (JP:186A) ) is now available.

Astroscale Holdings Inc.’s UK subsidiary, Astroscale UK, has secured a £5.15 million contract from the UK Defence Science and Technology Laboratory, facilitated by BAE Systems, to lead the Orpheus mission. This mission aims to improve space situational awareness and space weather understanding, addressing threats like space weather and orbital congestion. Astroscale UK will collaborate with Open Cosmos Limited to design and build two mini satellites for data collection, leveraging its expertise in satellite operations. This contract enhances Astroscale’s position in the defense sector and underscores its capability to deliver innovative space missions.

More about Astroscale Holdings Inc.

Astroscale Holdings Inc. operates in the aerospace industry, specializing in satellite Rendezvous and Proximity Operations (RPO) technology. The company focuses on space situational awareness and debris removal services, aiming to enhance global space infrastructure safety and sustainability.

Average Trading Volume: 3,638,118

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen93.78B

Find detailed analytics on 186A stock on TipRanks’ Stock Analysis page.

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