tiprankstipranks
Trending News
More News >
Advertisement
Advertisement

Astroscale Secures Major Contract for Satellite Docking Plates

Story Highlights
Astroscale Secures Major Contract for Satellite Docking Plates

Claim 50% Off TipRanks Premium

The latest update is out from Astroscale Holdings Inc. ( (JP:186A) ).

Astroscale Holdings Inc.’s UK subsidiary, Astroscale Ltd, has secured a significant commercial contract for its second-generation docking plates with a major European aerospace manufacturer. This contract, which involves the delivery of docking plates for low Earth orbit satellites, underscores the growing demand for end-of-life services and highlights Astroscale’s role in advancing sustainable practices in space. The contract is expected to prepare over 1,000 satellites for future end-of-life services, contributing to the company’s long-term growth, though it will not impact the financial forecast for the fiscal year ending April 2026.

The most recent analyst rating on (JP:186A) stock is a Hold with a Yen719.00 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 aerospace industry, focusing on on-orbit servicing solutions. The company provides innovative products such as docking plates designed for satellite end-of-life services, aiming to promote a circular economy in space.

Average Trading Volume: 5,243,485

Technical Sentiment Signal: Buy

Current Market Cap: Yen101.7B

For detailed information about 186A stock, go to TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App
1