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Astroscale Secures Contract for Satellite Refueling Technology Development

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Astroscale Secures Contract for Satellite Refueling Technology Development

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Astroscale Holdings Inc. ( (JP:186A) ) has provided an update.

Astroscale Holdings Inc. announced that its Japanese subsidiary, Astroscale Japan, has secured a contract with the Japan Science and Technology Agency to develop refueling technology for satellites under the REFLEX-J project. This initiative is part of the company’s strategic focus on capturing the growing demand for satellite life extension services, which could enhance its industry positioning by demonstrating advanced refueling capabilities in low Earth orbit and potentially expanding to geostationary orbit and international markets.

The most recent analyst rating on (JP:186A) stock is a Hold with a Yen665.00 price target. To see the full list of analyst forecasts on Astroscale Holdings Inc. stock, see the JP:186A Stock Forecast page.

More about Astroscale Holdings Inc.

Astroscale Holdings Inc. operates in the space industry, focusing on developing technologies for satellite servicing and debris removal. The company provides life extension services, including refueling technology for satellites, aiming to expand its market presence in on-orbit servicing.

Average Trading Volume: 2,957,358

Technical Sentiment Signal: Strong Sell

Current Market Cap: Yen90.8B

See more data about 186A stock on TipRanks’ Stock Analysis page.

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